On May 18, 2009, the two federal agencies that will distribute $7.2 billion to support broadband projects under the American Recovery and Reinvestment Act (ARRA) reported to Congress on their progress in implementing the new stimulus law. The reports provide detailed information on the allocation, timing and procedures for distribution of the new federal funding for broadband development. (more…)
Bracewell's Economic Recovery Task Force blog is a valuable resource to help financial institutions, private investment funds, institutional investors and other market participants navigate the myriad legislative, regulatory and enforcement challenges of today.
-
Recent Reports to Congress on Broadband Investment Provide Details on Federal Stimulus Funding Opportunities
June 1st, 2009Category: Congressional OversightTags: American Recovery and Reinvestment Act, broadband, telecommunications |
-
Billions of Dollars for Broadband Development in the Economic Stimulus Package
February 17th, 2009The economic stimulus bill to be signed by President Obama today will provide $7.2 billion for broadband deployment. Because the purpose of the law is to provide early stimulus to the economy, grants will be awarded on an accelerated schedule, and should be of interest to those in the broadband and telecommunications industries, utilities, school districts, local governments, nonprofit organizations and firms that finance broadband ventures. (more…)
Category: The EconomyTags: broadband, economic stimulus bill |