financing

Content tagged with "financing"

Displaying 21 - 30 of 467

Building a Fiber UTOPIA in Bozeman

UTOPIA Fiber continues to grow and is now exporting its expertise into Bozeman, Montana – one of the fastest-growing cities of its size and often listed among the best places to live in the country.

Referred to by some as “Boz Angeles” because of the influx of Californians to the area, this Rocky Mountain city of 53,000, nestled in Gallatin Valley, is about to become even more attractive as a rising tech hub for millennials. At the Broadband Communities 2021 Summit last month, it was announced that Bozeman Fiber, a non-profit organization created by the city to expand high-speed Internet connectivity across the region, has partnered with Utah-based UTOPIA Fiber to build an open access fiber-to-the-home (FTTH) network.

Bozeman Fiber has already built an open access fiber ring, serving city, county, and school facilities. It has also connected 200 commercial customers. The partnership with UTOPIA will allow Bozeman Fiber to extend the network across the city, passing 22,000 homes and businesses, with plans to extend further out into the more rural parts of Gallatin County down the road.

Network construction, which is estimated to cost $65 million, is slated to begin in the spring of 2022 and is expected to take three years to be completed.

“This is the first phase of a project that will cover the city and some areas of the county, and the intention is we’ll have future phases that reach further out into the county to hit more rural areas,” UTOPIA Fiber executive director Roger Timmerman said during the press conference announcing the partnership.

Bozeman Fiber CEO Greg Metzger added: “with this project, we’ll be able to attract and retain more businesses, and create jobs.”

County Provides Access to Bond Market

Kentucky County and Co-op Match Funds to Expand FTTH

Calloway County (pop. 39,000) in western Kentucky is known for the picturesque shorelines circling Kentucky Lake, the wildlife at Land Between The Lakes National Recreation Area, and as the home of Murray State University where Ja Morant dazzled basketball fans before becoming an NBA phenom.

Now there's a different team coming to town that will delight local residents: a new partnership between Calloway County and West Kentucky and Tennessee (WK&T) Telecommunications Cooperative will soon make this rural corner of the state known as a home for high-speed Internet connectivity, as the county and WK&T recently announced they were joining forces to expand the cooperative’s existing fiber network to reach every unserved and underserved location in the county.

Calloway County and WK&T are each committing a $6.2 million matching contribution for the first phase of the expansion project, which will see the co-op’s fiber-to-the-home network in the region extended 236 miles to serve an additional 4,274 homes and businesses. 

In Maine Event: MidCoast Internet Development Corporation Suffers Big Blow

Earlier this month, a plan to bring fiber connectivity to four towns in Knox County, Maine (pop. 39,500) spearheaded by the MidCoast Internet Development Corporation (MIDC) was dealt a major blow when Knox County Commissioners denied MIDC’s request to use the county's American Rescue Plan funds to pay for network construction.

During a Knox County Commission meeting on Tuesday, October 12, after County Commissioners repeatedly barred local municipal leaders from commenting on broadband-related issues, they voted unanimously against awarding any of the county’s $7.7 million in American Rescue Plan (ARPA) funds to municipal broadband projects or any project benefiting an individual municipality.

Image

County Commissioners assembled to consider 58 ARPA project applications submitted by nonprofit and municipal entities, all vying for a portion of the county’s Rescue Plan funds. But, the meeting took an unexpected turn when one Knox County Commissioner accused representatives from the MIDC, a regional broadband utility formed by four Knox County towns, of “bullying” the Commissioners into spending the county’s Rescue Plan funds on regional and municipal broadband projects. 

After County Commissioner Dorothy Meriwether voiced her displeasure for how local community broadband advocates pursued the funding, three local Select Board members were not permitted to speak in support of MIDC. Adding insult to injury, the Commissioners then welcomed a representative from Charter Spectrum to talk for nearly 30 minutes.

Cheers for Madison County Effort to Bring Fiber to the Farm and Beyond

Situated in rural Central New York, Madison County (pop. 71,000) was named in honor of America’s fourth President, James Madison. But it was the region’s history of growing hops for beer that really put the county on the map. By 1859, New York state produced 80 percent of all hops grown in the U.S., thanks in no small measure to the crops in Madison County.

Today, while the community still celebrates this history at the annual HopFest, county leaders are now focused on the future and how to ensure the region does not get left in the dust by missing out on an essential economic development ingredient: high-speed Internet connectivity. In a modern economy, broadband infrastructure is indispensable in general terms and specifically for the efficient operation of precision agriculture

With a focus now on the digital landscape, Madison County planners have embarked on a project to bring fiber to the farm as well as thousands of other other residents and businesses across the region.

What really got things off the ground, or rather into the ground, was the county being awarded a USDA ReConnect grant last year. Madison is the only county in United States to directly receive ReConnect grant funding in FY 2020.

In July, the USDA announced it would grant $10.1 million in ReConnect funds in support of the project to deploy a fiber-to-the-premises network that will connect 2,170 people, 50 farms and 30 businesses to high-speed broadband in Madison County as part of a larger countywide project. The county will work with private Internet Service provider (ISP) Empire Access to eventually bring fiber connectivity to nearly 7,600 households in the region.

A Fertile Land For Fiber

Two years ago, Madison County officials decided to make broadband a top priority. The most underserved area of Madison is in the southern part of the county, where DSL and satellite were primarily offered, with limited addresses eligible for cable access. 

$32 Million Awarded to Broadband Projects Across Minnesota

More than $34.6 million in COVID relief funds were awarded in August to 15 Minnesota cities and counties across the state as part of the Small Cities Coronavirus Community Development Block Grant Program (CDBG-CV). The grant program was created to support Minnesota’s COVID-19 response efforts with the help of a special allocation of Community Development Block Grant funds from the CARES Act fund. 

The Minnesota Department of Employment and Economic Development (DEED) administered the grants which can be used for projects like housing assistance and commercial rehabilitation, but the majority of the funding - approximately $32 million - will be used for broadband projects. 

“The pandemic has made clear how vital broadband is to the lives of Minnesotans and to the economic vitality of our state,” said DEED Commissioner Steve Grove in a DEED press release. “These grants will help communities fund broadband and other important projects as we write the next chapter of our economy.”

Aitkin County, receiving the largest grant of $4.8 million, submitted an application to work with the Mille Lac Energy Cooperative on a fiber-to-the-home (FTTH) project that would pass approximately 565 homes across seven communities, six of which don’t even have access to 10/1 Megabit per second (Mbps). The application projected it would take approximately 93 miles of fiber and $9,000 per passing location. In its application, the county shared that while the median household income across Minnesota is $71,300, the median across these communities is $45,990, demonstrating that there is a clear issue of infrastructure and access, but also affordability. As part of its application, Aitkin County and MLEC announced the latter would include a low-cost plan to help address the digital divide: 

A Community Guide to Federal Broadband Funding Opportunities

Update, 1/22/22: Common Sense Media has released an easy-to-read, comprehensive guide to federal broadband funding opportunities. Read it here.

In response to the Covid-19 pandemic, Congress and the Biden Administration passed two federal stimulus relief packages with historic levels of funding for programs devoted to advancing digital equity – the American Rescue Plan Act (ARPA) and the Consolidated Appropriations Act (CAA). 

In early August, legislators in the U.S. Senate passed the Infrastructure Investment and Jobs Act, a $1.2 trillion infrastructure package which continues many of the federal programs started by previous relief packages and includes $65 billion more for expanding high-speed Internet infrastructure and connectivity. Members of Congress returned from their summer break on September 20th and U.S. House Representatives are expected to vote on the infrastructure relief bill, which enjoys bipartisan support, on September 30th.

This guide consolidates the different funding opportunities made available through various relief packages to assist communities interested in accessing federal funds to expand broadband infrastructure and digital inclusion services. It updates ILSR’s Community Guide to Broadband Funding released in April of 2021, which describes programs established under ARPA and CAA in more detail, provides additional resources and answers FAQs.

Important upcoming deadlines are bolded throughout this guide. 

Infrastructure Investment and Jobs Act – Pending 

Mapping Broadband Access With Garbage Trucks, and Other Innovative Municipal Initiatives in Shreveport, Louisiana - Episode 19 of Connect This!

On Episode 19 of the Connect This! Show, co-hosts Christopher and (a partly there) Travis Carter (USI Fiber) are joined by Keith Hanson (Shreveport, Louisiana Chief Technology Officer) and Angelina Panettieri (National League of Cities) to talk about how some cities place themselves at the vanguard of innovation by undertaking projects designed to improve local conditions using existing infrastructure and know-how. Keith shares Shreveport's efforts to map the digital divide by connecting low-power computing devices to GPS sensors and cell phone batteries on garbage trucks to map broadband access across the city. He also talks about other edge computing initiatives, like video for public safety. 

The group also discusses the newly released Treasury rules on the $10 billion in infrastructure funding coming down the pipeline, and how cities can position themselves to take advantage.

Subscribe to the show using this feed, or visit ConnectThisShow.com

Email us broadband@muninetworks.org with feedback, ideas for the show, or your pictures of weird wireless infrastructure to stump Travis.

Watch here, or below.

Watch This Webinar on 9/29 - Repairing Broken Broadband Policy: A Conversation with Dr. Christopher Ali

A week from today, the Schools, Health, and Libraries Broadband Coalition (SHLB) is hosting a fireside chat on Tuesday, September 29th at 12-12:30p ET with SHLB Executive Director John Windhausen and Christopher Ali.

Ali is an Associate Professor of Media Studies at the University of Virginia, and recently released a new book through MIT press called Farm Fresh Broadband: The Politics of Rural Connectivity.

From the description:

Before the pandemic-driven surge of public investment in broadband networks, the federal government had subsidized rural broadband by approximately $6 billion a year. So why does the rural-urban digital divide persist? Why are we looking to the new infrastructure bill to solve a problem that should have been solved a decade ago? Author of "Farm Fresh Broadband" Dr. Christopher Ali argues that rural broadband policy is both broken and incomplete, proposing a new national broadband plan. Join SHLB Coalition Executive Director John Windhausen for a virtual fireside chat with Dr. Ali, to pick his brain on where the U.S. is going wrong and how to course correct rural broadband policy moving forward. And of course, they’ll discuss where community anchor institutions fit into it all.

ILSR spoke with Ali on Episode 134 of the Building Local Power podcast, which you can listen to here.

Register for the event here.

Join Us Live on Thursday at 5pm ET for Connect This! Episode 19 - Mapping Broadband Access With Garbage Trucks, and Other Innovative Municipal Initiatives

On Episode 19 of the Connect This! Show, co-hosts Christopher and Travis Carter (USI Fiber) are joined by Keith Hanson (Shreveport, Louisiana Chief Technology Officer) and Angelina Panettieri (National League of Cities) to talk about how some cities place themselves at the vanguard of innovation by undertaking projects designed to improve local conditions using existing infrastructure and know-how. For instance, in this episode of the show, Keith will share Shreveport's efforts to bridge the digital divide: an initiative driven in part by connecting low-power computing devices to GPS sensors and cell phone batteries on garbage trucks to map broadband access across the city. 

The group will also discuss the newly released Treasury rules on the $10 billion in infrastructure funding coming down the pipeline.

Join us for the live show Thursday, September 23rd, at 5pm ET. 

Subscribe to the show using this feed, or visit ConnectThisShow.com

Email us broadband@muninetworks.org with feedback, ideas for the show, or your pictures of weird wireless infrastructure to stump Travis.

Watch here, or below.

Ponca City, Oklahoma's Fiber-to-the-Home Network Reaches Construction Milestone

Ponca City, Oklahoma (pop. 24,100) sits in the north-central part of the Sooner State 100 miles north of Oklahoma City. Its history as a community built and shaped by the oil town looms large, from the E.W. Marland Mansion which still stands as a testament to the efforts of the oil baron who helped build the city in the first decades of the 1900s, to the Conoco Museum which offers residents and tourists a look at the history of the corporate giant which emerged in the latter half of the twentieth century.

But today, instead of pumping petroleum in the name of keeping the local economy strong, officials are broadcasting bytes to residents, business, government facilities, and community anchor institutions via their new municipal fiber utility: Ponca City Broadband. The project, which left its pilot phase two years ago in July, has passed the halfway point of a full greenfield overbuild which will see more than 400 miles of new fiber pulled to build the citywide network as it aims for completion in late 2022.

A Wired Upgrade