Treasury Proposes Important New Guidance for SLFRF/CPF Broadband Projects

On March 28, 2023, the Treasury Department issued and invited comments on proposed compliance guidance applicable to broadband projects funded through SLFRF[1] or CPF[2] awards (“Proposed Guidance”). The Proposed Guidance addresses a variety of important questions relating to the use of SLFRF and CPF funds for broadband projects, including: The crucial distinction between ISPs acting...