From BroadbandCensus.com Weekly Report
WASHINGTON, July 6, 2009 – The structure of the federal government broadband stimulus program finally began to take shape last week, as the NTIA and the RUS released regulations laying the framework for the way that many billions of dollars of funds will be spent.
The new rules came in the form of two Notices of Funds Availability (“NoFA”), each issued on July 1. They will govern about $4.25 billion dollars carved up into at least seven programmatic boxes.
The NoFAs provide a 32-day window in which applications for funding will be available: from July 14 to August 14, 2009. This availability is the first of an anticipated three NoFAs prior to September 2010, when the entire $7. 2 billion in broadband stimulus funds are slated to be awarded.
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