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Funding

How States Are Using Money from the Capital Projects Fund

Over $9 billion of the program's $10 billion budget for the CPF has been allocated, director says.

Jericho Casper

Jericho Casper

— 2 min read
How States Are Using Money from the Capital Projects Fund
Photo of U.S. dollars via Flickr.

January 17, 2024 – Director of the Treasury’s Capital Projects Fund, Joseph Wender, said Wednesday that over $9 billion of the program’s $10 billion allotment has been awarded to states and territories to expand broadband access to more than two million locations – with states and territories using the funds in their own ways. 

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