Confused by how ARPA Funding Rules can be used for Broadband and Cybersecurity Projects?
Magellan Advisors Can Assist Every Step of the Way
The U.S. Department of the Treasury released its final rules for eligible broadband infrastructure funding established under the American Rescue Plan Act (ARPA). Treasury’s final rules encourage broadband projects built by local governments, co-ops and non-profits. New broadband projects should focus on remediating the lack of access to affordable, reliable high-speed broadband to support the ongoing economic and social needs of communities. Fiber deployments and projects that will achieve last-mile connectivity are also encouraged, as well as funds for modernizing cybersecurity for existing and new broadband networks. The final rule also provides funds for network equipment, planning and engineering costs, as well as end user devices and equipment, such as routers and personal computers.
The final rule takes effect April 1 and includes a few new requirements for project qualifications and deadlines so communities must act quickly. Magellan Advisors stands ready to ensure you meet all requirements and deadlines to use your ARPA funding effectively. We provide turnkey broadband deployment services for cities, counties and co-ops and have assisted over 400 public organizations improve their communities’ broadband services. From grants and compliance, to design, to construction and project management and operations, our experienced team is dedicated to assisting communities with the entire process of deploying next-generation fiber broadband. Contact us today for more information.