ADVERTISEMENT

ADVERTISEMENT

Biden administration announces $400 million for rural internet access

The $401 million in loans and grants comes from the ReConnect Program, a fund dispersed by the U.S. Agriculture Department. It will support high-speed internet projects in Alaska, Arizona, Arkansas, California, Colorado, Idaho, Montana, New Mexico, Nevada, North Dakota and Texas, USDA said.

3539843+2017-06-28T144932Z_885627791_RC11C495C150_RTRMADP_3_ITALY-BROADBAND-RACE.JPG
Optical fiber cable is pictured on a reel in a storage area. Alessandro Bianchi / Reuters
REUTERS
We are part of The Trust Project.

WASHINGTON, July 28 (Reuters) - President Joe Biden's administration announced on Thursday that it will provide $401 million to provide access to high-speed internet for 31,000 rural residents and businesses in 11 states, as part of Biden's drive to expand access to the web.

"With this money we are one step closer to President Biden's ambitious goal of affordable and reliable internet for all," Biden's infrastructure coordinator Mitch Landrieu told reporters.

At the same time, Vice President Kamala Harris is traveling to New York on Thursday to announce formation of the Economic Opportunity Coalition, a coalition of 23 companies and foundations, with the aim of investing billions of dollars into low-income communities.

The aim of the group, the White House said, will be to "address economic disparities and accelerate economic opportunity in communities of color and other underserved communities."

The White House said founding members of the coalition include Ariel Investments, Bank of America, BNY Mellon, Capital One, Citi, Discover, Ford Foundation, Goldman Sachs, Google, Key Bank, Kresge Foundation, Mastercard, McDonald's, McKinsey & Company, Micron, Momentus Capital, Moody’s, Netflix, PayPal, PNC, The Rockefeller Foundation, TIAA, and Upstart.

ADVERTISEMENT

The $401 million in loans and grants comes from the ReConnect Program, a fund dispersed by the U.S. Agriculture Department. It will support high-speed internet projects in Alaska, Arizona, Arkansas, California, Colorado, Idaho, Montana, New Mexico, Nevada, North Dakota and Texas, USDA said.

(Reporting By Steve Holland; Editing by Michael Perry)

______________________________________________________

This story was written by one of our partner news agencies. Forum Communications Company uses content from agencies such as Reuters, Kaiser Health News, Tribune News Service and others to provide a wider range of news to our readers. Learn more about the news services FCC uses here.

What to read next
The bill was passed by the Senate on Aug. 7 and U.S. House Speaker Nancy Pelosi said on Wednesday, Aug. 10, that the House of Representatives would pass it Friday, Aug. 12.
Summit Carbons Solutions has described its five-state, 2,000 mile carbon capture pipeline as being a $4.5 billion project. A 3% fee passed by Emmons County could amount to $135 million. Iowa-based Summit Carbon Solutions says the pipeline will help ethanol plants lower their carbon score. The project aims to capture greenhouse gas emissions and pipe the CO2 to western North Dakota for underground storage.
In a complaint dated July 15, 2022, the South Dakota Public Utilities Commission outlined how the South Dakota Hutterian Co-operative, which has members from multiple Hutterite colonies in South Dakota, has been selling soybeans without a grain buyers license to Ag Processing Inc., referred to as AGP.
The Minnesota Department of Agriculture’s Emerging Farmers’ Working Group is seeking volunteer members. The department also is partnering with the Minnesota Farm Bureau Federation and Minnesota Dairy Initiative to help farmers with farm transition and succession planning.