Vice President Biden announced the availability of $4B in American Recovery and Reinvestment Act loans and grants for broadband

July 1, 2009

1 Min Read

WATTSBURG, Pa. -- Vice President Biden today announced the availability of $4 billion in American Recovery and Reinvestment Act loans and grants to help bring broadband service to un-served and underserved communities across America. This is the first round of Recovery Act funding aimed at expanding broadband access to help bridge the technological divide and create jobs building out Internet infrastructure.

Vice President Biden was joined today by Agriculture Secretary Tom Vilsack, Commerce Secretary Gary Locke, Federal Communications Commission Chairman Julius Genachowski and Congresswoman Kathy Dahlkemper at Seneca High School, the first stop on the President’s National Rural Tour.

"Today’s announcement is a first step toward realizing President Obama’s vision of a nationwide 21st-century communications infrastructure – one that encourages economic growth, enhances America’s global competitiveness and helps address many of America’s most pressing challenges," said Vice President Biden.

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