On Tuesday, Gov. Cuomo announced that the state is now accepting applications for the New NY Broadband Program, which “is designed to ensure that every New Yorker has access to high-speed internet by 2018.”
Last year, the state appropriated $500 million for the program, which will provide funding for high-speed internet access to unserved and underserved areas across the state. According to the Governor, it is the largest and most ambitious state investment in broadband in the nation. The program will make available funds to private sector entities willing to make at least a 50% match. Funding determinations will be made using a “reverse-auction” process in which awards are made for projects that seek the lowest amount of state investment.
Gov. Cuomo said:
“Access to high-speed internet is essential for engaging in the 21st century economy, but the broadband gap is leaving far too many New Yorkers behind. Through this unprecedented investment, we will be expanding reliable internet access in underserved areas, helping businesses become more competitive, and making broadband available in every comer of New York. I encourage all eligible applicants to apply and take advantage of this new opportunity.”
Applications may now be submitted through the New York State CFA Portal, and are due Friday, April 15, 2016 at 4:30 p.m. More information on the program is available here.