Vermont is set to receive nearly $229 million in federal funding to expand broadband access — a sum that will get state officials significantly closer to their goal of connecting every resident to high-speed internet.
Vermont’s latest allotment comes through a Biden administration initiative dispersing $42.45 billion across all 50 states, the District of Columbia and five territories to expand broadband.
Executive Director of the Vermont Community Broadband Board, Christine Hallquist estimates that it will cost about $650 million to get every Vermonter reliably connected to high-speed internet. Between Monday’s $229 million and another $245 million in broadband funding that came to Vermont through the American Rescue Plan Act, Hallquist said the state is approaching its goal. Hallquist said bonding can fill the gap of about $176 million.
Full story at: https://vtdigger.org/…/vermont-to-receive-229-million…/
Reliable, affordable access to broadband is vital, particularly for Vermonters living in rural areas, and is essential for attracting and retaining workers and employers.