Treasury Names First Capital Projects Fund Recipients June 07, 2022
For Immediate Release
Director of Communications
Washington, D.C. (June 7, 2022) - Today the U.S. Department of Treasury announced the first four states approved for Capital Projects Fund (CPF) funding. The Louisiana, New Hampshire, Virginia, and West Virginia state plans combined will connect over 200,000 homes and businesses to high-quality, affordable broadband access.
John Windhausen Jr., executive director of the Schools, Health & Libraries Broadband (SHLB) Coalition, made the following statement:
“We applaud both the Department of Treasury for moving so quickly to announce the first Capital Projects Fund recipients, as well as the four states who’ve demonstrated their leadership in expanding broadband access. In this moment of historic investment in digital equity, officials at every level of government must quickly rally to make the most of these programs. We’re pleased to see that state leaders and the Treasury are rising to the occasion.
“While the pace of implementing the CPF has been impressive, SHLB hopes that the Treasury Department and states make more of an effort to include anchor institutions – not just homes and businesses – in their deployment plans and press statements going forward. If we want to maximize the impact of the CPF dollar, it's imperative that states embrace the opportunity to deploy broadband ‘to and through’ anchor institutions to reach surrounding residents. We encourage all states to carefully consider the critical role of anchors in digital equity as they create and execute their plans for CPF funding.”
The SHLB Coalition is a nonprofit, 501(c)(3) advocacy organization that supports open, affordable, high-quality broadband connections for anchor institutions and their surrounding communities. The SHLB Coalition is based in Washington, D.C. and has a diverse membership of commercial and non-commercial organizations from across the United States. To learn more, visit www.shlb.org.