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Virginia Announces $2 Billion Public-Private Broadband Investment

Virginia has received a record number of local and private sector applications to match state broadband investments, putting the Commonwealth on track to become one of the first states to achieve universal broadband access by 2024. The Commonwealth anticipates more than $2 billion in total broadband funding, thanks to local and private sector matching funds that go beyond the $874 million in state appropriations over the last 3 years.
The Virginia Telecommunication Initiative is the state’s broadband program. It was started in 2017 to fund public-private partnerships to extend broadband service to areas unserved by an internet service provider. When the most recent application round closed last month, the program received 57 applications from 84 localities, requesting $943 million to connect more than 250,000 Virginia homes and businesses. These applications leverage $1.15 billion in private and local matching funds. The Department of Housing and Community Development is reviewing applications and expects to award the funds by the end of the year.
The General Assembly has awarded $124 million in grants to connect more than 140,000 homes, businesses, and community organizations. The Virginia Telecommunication Initiative has awarded 39 projects in 41 different counties, supported by over $94 million in matching private and local funds.
Along with private investment and federal broadband grants, the Commonwealth has reduced the digital divide by 65 percent. Plans accelerated further in August, when the General Assembly allocated $700 million in American Rescue Plan funding to broadband, moving the original goal for achieving universal access to 2024.
“Ensuring that rural Virginians have access to broadband is the number one way we can make sure they have equal access to the economic, educational, and health opportunities that broadband provides,” said Broadband Advisory Council Vice-Chair Delegate Roslyn Tyler. “No Virginian should be left behind.”
“Broadband is a vital resource for communities across the Commonwealth,” said Broadband Advisory Council Chair Senator Jennifer Boysko. “Broadband access allows our citizens to connect to their workplaces, schools, and doctors, and broadens their opportunities and choices about where to live and work.”
The overwhelming response to this year’s Virginia Telecommunication Initiative grant round demonstrates that Virginia has built an innovative and successful model for bridging the digital divide.

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