Quantcast

Central Louisiana News

Friday, November 15, 2024

Cassidy announces federal grant for Louisiana broadband expansion

Webp zezkqldfa0o62zglrzb14otp3sbn

Senator Bill Cassidy | Sen. Bill Cassidy Official Website

Senator Bill Cassidy | Sen. Bill Cassidy Official Website

U.S. Senator Bill Cassidy has announced that Louisiana will receive $12,727,887.98 from the National Telecommunications and Information Administration (NTIA) to enhance access to high-speed affordable internet. This funding is part of the Infrastructure Investment and Jobs Act (IIJA).

"Every small business, student, and worker in our state deserves access to high-speed internet," said Dr. Cassidy. "This broadband investment from the Infrastructure Law will attract new investment and boost our economy."

The IIJA includes a broadband formula designed by Cassidy to address Louisiana's specific needs, ensuring funds are directed to areas lacking high-speed internet access.

Louisiana has been awarded a total of $1,355,554,552.94 for broadband development under the IIJA's BEAD program, which was allocated $42.45 billion overall. Despite having about 1.3% of the U.S. population, Louisiana received significantly more funding than expected.

In August, Cassidy and Governor Jeff Landry launched the GUMBO 2.0 broadband program with a $1.35 billion investment secured through the IIJA. The initiative aims to extend broadband services to 100,000 homes—including 60,000 in rural parishes—35,000 businesses, and 4,000 community institutions like schools and hospitals.

GUMBO 2.0 is projected to create between 8,000 and 10,000 jobs while increasing Louisiana's GDP by $1.3 billion and generating $2 to $3 billion in new revenue for local companies.

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS