Treasury Department Expects Majority of Capital Projects Funds Will Be Spent on Fiber

“We have put our thumb on the scale for fiber,” said Joseph Wender, director the Treasury Department’s broadband fund.

Treasury Department Expects Majority of Capital Projects Funds Will Be Spent on Fiber
Photo of Joe Wender from Broadband Communities

WASHINGTON, April 21, 2022 – The director of the Department of Treasury’s Capital Projects Fund for broadband expansion projects in response to the coronavirus pandemic said Wednesday that most dispensed funds will ultimately go towards fiber-optic broadband projects.

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