American Rescue Plan will deliver $350 billion for state, local, territorial and Tribal governments
On May 10, the U.S. Department of the Treasury announced the launch of the Coronavirus State and Local Fiscal Recovery Funds, established by the American Rescue Plan Act of 2021, to provide $350 billion in emergency funding for eligible state, local, territorial and Tribal governments. Funding may be used to make necessary investments that provide unserved or underserved locations with new or expanded broadband access.