Trump's Infrastructure Plan Has No Dedicated Money For Broadband
An anonymous reader quotes a report from Ars Technica: President Trump’s new 10-year plan for “rebuilding infrastructure in America” doesn’t contain any funding specifically earmarked for improving Internet access. Instead, the plan sets aside a pool of funding for numerous types of infrastructure projects, and broadband is one of the eligible categories. The plan’s £50 billion Rural Infrastructure Program lists broadband as one of five broad categories of eligible projects.
Eighty percent of the program’s £50 billion would be “provided to the governor of each state.” Governors would take the lead in deciding how the money would be spent in their states.
The other 20 percent would pay for grants that could be used for any of the above project categories.
Separately, broadband would be eligible for funding from a proposed £20 billion Transformative Projects Program, along with transportation, clean water, drinking water, energy, and commercial space.
Trump’s plan would also add rural broadband facilities to the list of eligible categories for Private Activity Bonds, which allow private projects to “benefit from the lower financing costs of tax-exempt municipal bonds.” The plan would also let carriers install small cells and Wi-Fi attachments without going through the same environmental and historical preservation reviews required for large towers.