FOR IMMEDIATE RELEASE
PSC AWARDS SECOND ROUND OF CPF GRANTS
FOR BROADBAND BUILDOUT
Lincoln, June 4, 2024- The Nebraska Public Service
Commission today approved an Order (CPF-2) awarding
a second round of Capital Projects Fund (CPF) grants
designed to bring broadband to unserved and
underserved areas of the state.
“By initiating a second round we were able to utilize funds
designated for the 3rd congressional District that were not
awarded during the previous round of CPF grants,” said
Commission Chair Dan Watermeier.
CPF grants are statutorily required to be awarded in
Congressional Districts One and Three, with the
requirement that at least $40 million in grant funding is
awarded in each congressional district for eligible
broadband projects.
The PSC received 60 applications for funding during the
second round. As part of the grant review process, the
Commission also received challenges from parities stating
that they already served an area covered by a grant
application, or that they plan to provide service to the area
in the near future.
Upon review of the applications and challenges received, the
PSC determined 28 applications would be funded for a total
of $30, 921.432 in CPF grant funds in the 3rd Congressional
District. The awarded projects will bring broadband to
approximately 1,640 unserved and 1,570 underserved
locations. Projects receiving grant awards during this second
round (CPF-2) are required to be completed by December 4,
2025, unless granted an extension by the Commission.
To date, the PSC has awarded more than $85 million through
the CPF grant program for broadband buildout to unserved
and underserved areas of the state. ###
Contact:
Deb Collins- Communications & Media Mgr.
(402) 471-0226/deb.collins@nebraska.gov