Date: Mar 04, 2009
The American Recovery and Reinvestment Act ("Act"), a $787 billion stimulus package recently signed into law by President Obama, includes $7.2 billion in funding for broadband programs. The National Telecommunications and Information Administration ("NTIA") received $4.7 billion in funding and $2.5 billion was appropriated to the U.S. Department of Agriculture ("USDA") under the Rural Utilities Service ("RUS") program. Applicants can only receive funds under one of the following two programs.
The following outline of the two programs was prepared from the text of the Act, the rules governing the current RUS program, and various industry reports.
NTIA Broadband Technology Opportunities Program
USDA Rural Utilities Service Program