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Rural Broadband Modernization: New Grants and Loans for High-Speed Internet

This act aims to improve access to high-speed internet in rural areas. Residents in these areas can expect better connection quality, facilitating work, education, and daily life. Companies and organizations will be able to apply for financial support to build and upgrade internet infrastructure.
Key points
Increase minimum broadband speeds in rural areas to 100 Mbps symmetrical (download and upload).
Availability of grants, loans, and loan guarantees for the construction and modernization of broadband networks in rural areas.
Priority for projects serving communities without internet access or with very slow connections (below 25/3 Mbps).
Possibility of receiving 100% of project costs in low-density population areas (fewer than 7 households per square mile).
Technical assistance and training for entities applying for funds to ease the application process and project implementation.
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Additional Information
Print number: 118_HR_3964
Sponsor: Rep. Feenstra, Randy [R-IA-4]
Process start date: 2023-06-09