November 19, 2009
| Written by admin
In a report to Congress, the NTIA said Wednesday that it won’t conclude doling out the first round of broadband stimulus funding until February 2010.
The Department of Commerce’s National Telecommunications and Information Administration clarified in its third quarterly progress report to Congress this week that it will be dolling out the entirety of the grant money during the next ten months.
The year 2010 is going to be a busy time for the period for both the NTIA and the Agriculture Department’s Rural Utilities is the other agency, the two government entities charged with distributing $7.2 billion of federal funding.
“NTIA will not conclude the first round of BTOP funding at the end of 2009 as originally targeted, but is on course to do so in February 2010,” states the report (PDF).
NTIA and RUS announced this month that they will limit the remaining grant awards to one more round of funding, which they write in the report “will begin early in 2010.”
Courtesy of BroadbandCensus.com