In a speech from the East Room of the White House on Monday, President Joe Biden announced how over $40 billion in broadband infrastructure money will be distributed to state-based broadband grant programs under the Broadband Equity, Access and Deployment (BEAD) program. 19 states will receive more than $1 billion under the program, with Texas leading the way at $3.3 billion. Allocations are based on the number of premises without adequate broadband service (at least 25 Mbps download and 3 Mbps upload) as determined by the national broadband map. Here's how states with CBAN members fared under the BEAD allocations (rounded numbers):
BEAD TimelineThe timeline below is taken from the NTIA guide for eligible entities: Although it is difficult to tell exactly from the timeline, we do know that the 180 day window for states/territories to send in their plans to NTIA goes until the end of December 2023. If subsequent steps follow the graphical timeline, it appears that the first 20% of funding would be released to the states around April 2024, with the final 80% not in the hands of states/territories until the end of 2024 - three full years from the date that Congress approved the Infrastructure Investment and Jobs Act into law.
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