financing

Content tagged with "financing"

Displaying 61 - 70 of 467

GATEWay Public Fiber Set to Finish Construction in Ohio By Summer

In Ohio’s Miami Valley, the final phase of construction for one of the country’s first multi-jurisdictional networks, the GATEWay Public Fiber Network, is underway. 

The final network will connect the cities of Centerville, Kettering, Miamisburg, Moraine, Oakwood, Springboro and West Carrollton with more than 40 miles of fiber, with the resulting infrastructure bringing increased bandwidth, speed, and capacity at an affordable price to the local governments, schools, nonprofits and public safety facilities of seven communities under the Miami Valley Communications Council (MVCC).

Funding the Final Strands

Independents Fiber Network (IFN) has agreed to fund Phase II of the project with $1.8 million, bringing the total cost to just over $3 million. IFN currently owns some of the fiber connecting Springboro and Miamisburg, operating as a middle-mile provider over its 2,000 route-mile network throughout 31 Ohio counties.

“The unique public-private partnership with IFN made it possible for member communities to complete this project without any additional investment of taxpayer dollars,” Leanne Nash, MVCC Board Chair and West Carrollton City Council member told the Dayton Daily News. " At the end of the project, MVCC and IFN will equally split the available fiber and conduit assets which can then be sold or leased to interested technology providers.”

Project OVERCOME Announces Grant Winners Featuring Innovative Community Solutions

Last fall we wrote about the launch of Project OVERCOME, a grant program "designed to connect the unconnected through novel broadband technology solutions" by soliciting applications from community-based organizations and ultimately award $2.7 million funded through the National Science Foundation and Schmidt Futures (the philanthropic initiative founded by Eric and Wendy Schmidt).

Project OVERCOME seeks to "[C]ollect data to measure the technical and social impacts of different connectivity strategies [in order to] discover patterns of success that can be repeated on a larger scale across the country, and to catalog the distinctions that emerge based on variations in the communities served."

Each of the winning projects will serve as an incubator of sorts, deploying proofs of concept with an array of wired and wireless technologies to connect households in 

Winning applications were recently announced for projects in Blue River, Oregon; Detroit, Michigan; Buffalo, New York; Yonkers, New York; Cleveland, Ohio; Clinton County, Missouri; and Loiza, Puerto Rico.

Speed Vs. Longevity: Rethinking How We Fund Rural Broadband - Episode 455 of the Community Broadband Bits Podcast

On this episode of the Community Broadband Bits podcast, we're joined by Jonathan Chambers, a partner at Conexon. Conexon has helped rural electric cooperatives build fiber to the home networks since its founding five years ago.

Christopher and Jonathan talk about ideas for how to improve structuring rural broadband subsidies in a way that takes advantage of fiber infrastructure's long life. Jonathan and Chris dig into what this would mean for funding projects, and how it would change the way we think about and approach connecting rural communities in the future.

This show is 39 minutes long and can be played on this page or via Apple Podcasts or the tool of your choice using this feed

Transcript below. 

We want your feedback and suggestions for the show-please e-mail us or leave a comment below.

Listen to other episodes here or view all episodes in our index. See other podcasts from the Institute for Local Self-Reliance here.

Thanks to Arne Huseby for the music. The song is Warm Duck Shuffle and is licensed under a Creative Commons Attribution (3.0) license.

 

Federal Government Devotes Billions to Internet Access: A Community Guide to Current Broadband Funding

In the American Rescue Plan Act, Congress and the Biden Administration included a multi-billion dollar appropriation to help expand high-speed Internet access. This guide offers an overview of the different funding opportunities for communities interested in expanding broadband services. As application deadlines vary in some cases and other money must be spent within certain time frames, it is critical for states, municipalities, community organizations, and Tribal governments to start planning initiatives now. 

It’s also worth emphasizing that 18 states still put localities at a disadvantage when it comes to spending anticipated funding effectively by preserving laws that interfere with community investment in broadband infrastructure. Much of this money could also be funneled for other purposes due to a lack of good plans and community engagement. 

The amount of funding flowing into communities is unprecedented. Localities should prepare to spend funds on needed, futureproof infrastructure. This is an historic, once-in-a-lifetime investment in Internet infrastructure and communities who develop a clear, actionable plan and are as ready as possible once the money starts flowing will prosper.

Directory

If you’re a homeowner looking for assistance paying your Internet bill…look to the Emergency Broadband Benefit Program or Homeowner’s Assistance Fund

If you’re an HBCU or Minority-serving institution looking to expand Internet access to your students, or if you’re a minority business enterprise or nonprofit organization in the surrounding community...look to the Connecting Minority Communities Pilot Program.

if you’re a Tribal government, Tribal organization, or Tribal college or university, including native Hawaiian organizations, education programs and native corporations…look to the Tribal Broadband Connectivity Program.

If you’re a city interested in partaking in a public-private partnership…look to the Promote Broadband Expansion Grant Program

If you’re a school or library whose main concern is obtaining remote Internet access devices...look to the Emergency Connectivity Fund.

 

Federal Aid Directly To States, Counties, Localities and Territories

AAIA Sets Positive Standards by Requiring Local Approval of Federally Funded Projects

With all the buzz around the prioritization of municipal and cooperative broadband networks in the American Jobs Plan unveiled by President Biden last week, let’s not forget about one leading voice in Congress calling for broadband for all. 

Last year, with assistance from the House Rural Broadband Task Force he created, Rep. James Clyburn, D-SC, introduced the Affordable, Accessible Internet for All (AAIA) Act, a bold bill that proposed a $100 billion investment to build high-speed Internet infrastructure in unserved and underserved parts of the country. 

Although the legislation stalled in the Mitch McConnell-led U.S. Senate prior to the 2020 election, it did set the Democratic agenda on broadband moving forward. Now, as the Biden Administration has settled into the White House and with Democrats in control of Congress, Clyburn has reintroduced a slightly slimmed down $94 billion AAIA, alongside companion legislation in the U.S. Senate sponsored by Sen. Amy Klobuchar, D-MN.

If it passes, the bill would be a game changer, as it goes beyond funding high-speed Internet infrastructure to attack the digital divide from essentially every angle. The bill includes funding and dedicated support to address barriers that prevent millions of Americans from having access to affordable, high-speed Internet connectivity. It backs measures that would encourage pricing transparency, promote Internet adoption and digital literacy initiatives, guarantee affordability, and protect the rights of workers who would build the networks. 

While all of these measures are critical, one of the most important requirements included in the revamped legislation is for input from local, state and Tribal governments to be taken into account when determining what projects AAIA will fund. 

Coosa Valley Electric Cooperative Brings Fiber to Rural Alabama

Talladega, AL has long been known as the epicenter of NASCAR, a sport synonymous with speed. In 1987, Bill Elliot set the fastest recorded time of 212.089 mph on that very track. 

Cars aren’t expected to start racing down the Talladega Superspeedway track until late April, but the Coosa Valley Electric Cooperative (CVEC) chose the location to announce the fittingly super fast speeds it expects to begin serving up with its new broadband subsidiary, Coosa Valley Technologies, last Wednesday. 

Unfortunately, many residents in Talladega County and surrounding counties have long gone without fast connectivity, with average speeds as low as 5 Mbps (Megabits per second)

CVEC often holds events at the Superspeedway, but for this event they wanted to make sure that since people were gathering, social distancing was possible. Also they wanted to communicate a message.

“It also served as a good backdrop for what we were trying to communicate, which was, we’re going to be provided the fastest broadband service in our area,” Jon Cullimore, CVEC Manager of Marketing and Member Services, told us in an interview as the cooperative prepares to embark on a fiber build intended to bring fast, affordable Internet access to everyone in its electric footprint over the next four years.

Driven by Membership

It all started in 2019 with feasibility studies conducted by two different firms. Both found a profound lack of broadband service throughout CVEC’s service territory, which is situated east of Birmingham.

When the studies were completed, CVEC quickly put together a comprehensive information packet for members to get educated before their annual meeting last September. The members were asked to vote on whether or not CVEC should form a new broadband subsidiary and embark on a new phase of life.

Vermont House Backs $150 Million Broadband Plan

A bill dedicating $150 million of anticipated federal funding to create a new state broadband office to coordinate and accelerate the expansion of high-speed Internet access throughout Vermont passed the State House of Representatives last week with overwhelming bipartisan support.

On March 24th, the Vermont House approved H.B. 360 by a vote of 145-1, backing the creation of the Vermont Community Broadband Authority. If the bill becomes law it would help fund and organize the deployment of broadband infrastructure between Vermont’s nine Communications Union Districts (CUDs) and their potential partners, which include electric distribution utilities, nonprofit organizations, the federal government, and private Internet Service Providers (ISPs).

The bill was introduced in the state Senate last Friday, and discussed for the first time in the Senate Finance Committee on Wednesday.

Enabled by a 2015 law, CUDs are local governmental bodies consisting of two or more towns joined together to build communications infrastructure. They were established to create innovative solutions to build broadband networks and provide a combination of Fiber-to-the-Home and fixed wireless Internet connectivity in their respective territories across Vermont, especially in areas where incumbent ISPs fail to provide adequate service. 

Vermont’s CUDs, which have called for federal funding assistance since the onset of the pandemic, are ideally positioned to distribute funds in a way that will provide reliable and high-performance Internet access to every nook-and-cranny of the state. Vermont’s active CUDs have already constructed deep pockets of fiber.

Whether or not the CUDs will be able to reach the state’s goal of delivering universal 100/100 Megabits per second (Mbps) Internet service by 2024 now rests in the hands of Vermont’s Senate, Congress, and the Biden Administration as state and federal lawmakers wrestle with how to best expand access to broadband.

Eastern Shore Broadband Takes Fiber Leap With Help from NASA

Hop in a time machine and go back to 2008. It was a banner year for NASA as the space agency celebrated its 50th birthday. Phoenix touched down on Mars, far-off planets were photographed, four space shuttles flew to the International Space Station, and the agency helped send scientific instruments to the moon aboard India’s first lunar explorer.

Meanwhile on Earth, it was the under-the-radar launch of the Eastern Shore of Virginia Broadband Authority (ESVBA) fiber network in 2008 that carried the most practical payload for the people of Accomack and Northampton counties along coastal Virginia. A popular tourist destination “for lovers,” the Eastern Shore is a 70-mile stretch of barrier islands between Chesapeake Bay and the Atlantic Ocean. And thanks in large part to funding from NASA, which operates the Wallops Flight Facility on Wallops Island, the future-proof broadband frontier had finally found its way to the region.  

The two counties of Eastern Shore, Accomack and Northampton, provided an initial sum of about $270,000 to ESVBA to plan the network. It was one small step for high-speed connectivity in the Commonwealth, followed by one giant leap when ESVBA received $8 million in federal and state funds – nearly half of which came from NASA – to build the region’s open access middle mile backbone. When that part of the network was completed, the Wallops Flight Facility and its 1,100 employees were connected to it, as was the National Oceanographic and Atmospheric Administration’s Chesapeake Bay office and an array of area healthcare institutions and schools. 

The Final Fiber Frontier

Resiliency in a Decade-Long Fight to Get Better Broadband - Episode 453 of the Community Broadband Bits Podcast

This week on the podcast, Christopher talks with Belle Ryder, Orono, Maine Assistant Manager and President of the nonprofit OTO Fiber Corporation. The towns of Orono and nearby Old Town began their search for better broadband more than 10 years ago, and have overcome an array of challenges in bringing a pilot project to justify future-proof connectivity to the surrounding area.

Belle shares the origins of local efforts, and how the two communities kept finding themselves stuck with almost every solution too far out of reach. They were too small to entice private ISPs to commit to upgrading local infrastructure or invest in new construction that would bring fast connectivity to the region, but too small to finance a citywide network themselves. In looking for funding help, they found that existing options were considered too fast to qualify them for many opportunities to improve the technology in the ground. But residents were acutely aware that their broadband options were too slow to do more than the bare minimum to get online. 

Christopher and Belle talk about the process of issuing multiple RFPs, working through a challenge by local cable providers, and how allies and local officials worked together to come up with a plan for financial stability and success. OTO Fiber's story is a testament to local resilience and resourcefulness in the face of obstacles and the value of never giving up. 

This show is 47 minutes long and can be played on this page or via Apple Podcasts or the tool of your choice using this feed

Transcript below. 

We want your feedback and suggestions for the show-please e-mail us or leave a comment below.

Listen to other episodes here or view all episodes in our index. See other podcasts from the Institute for Local Self-Reliance here.

Thanks to Arne Huseby for the music. The song is Warm Duck Shuffle and is licensed under a Creative Commons Attribution (3.0) license.

Franklin, Kentucky Expands Fiber Pilot Partnership with Recent RDOF Wins

Franklin, Kentucky’s (pop. 8,400) electric utility is gearing up for an expansion of its partnership with Warren Rural Electric Cooperative Corporation (WRECC) with the help of $2.3 million from the recent FCC Rural Digital Opportunity Fund (RDOF). The new partnership will allow Franklin EPB to add new service to roughly 250 locations adjacent to a current project in the area.

The expansion project will add subscribers in the northeast region of Simpson County and nearby parts of the city of Franklin in the south-central part of the state, where the two entities are operating a two-area fiber pilot.

Image
It represents the growth of a collaboration between Franklin EPB and the electric cooperative. In 2019, the two partnered up to deploy service with Franklin EPB leasing dark fiber from the cooperative and acting as service provider to “350 of its customers in northeast Simpson County and in an area on the southeast side of Franklin.” The project brought symmetrical 100 Megabit per second (Mbps) and 1 Gigabit per second (Gbps) options for $60 and $80/month to those locations and has brought service to a lot of happy members