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FAQ's About the Broadband Stimulus Bill
Q: How much money of the Broadband Stimulus Bill was allocated to the RUS?
A: Approximately $2.5 billion was allocated to RUS for broadband grants, loans, and loan guarantees.
Q: Is there a deadline by which the RUS and NTIA projects must be awarded?
A: YES Ð The $6.85 billion to be funded by the RUS and NTIA must be awarded by September 30, 2010. That said, there will be significant urgency behind getting these projects awarded as quickly as possible.
Q: Can projects funded by RUS funds also be eligible for NTIA funds?
A: NO Ð Projects awarded by the RUS and NTIA CANNOT be the same.
Q: Who is the NTIA and what is its role in the Broadband Stimulus Bill?
A: The National Telecommunications Information Agency (NTIA) was established in 1978 within the Department of Commerce and advises the President on telecommunications and information policy. As part of the Broadband Stimulus Bill, it will be awarding $4.35 billion in funding for grants to provide the "highest broadband speed possible to the greatest population in unserved and underserved areas." All grants must be awarded by September 30, 2010 and substantially complete within 2 years of award.
Q: Who is eligible for NTIA grants?
A: A wide variety of entities are eligible for NTIA grants. As long as service to the public interest can be demonstrated, grants are available to for-profit and non-profit entities, Native American tribes, and state and local governments.
Q: Were tax credits included as part of the Bill?
A: NO Ð Although tax credits were a major part of the Senate's original proposal, there were dropped from the final version of this Bill.
Q: How can Walker help its customers in seeking funds from the Broadband Stimulus?
A: Walker will support its customers via education and support. In addition to information available on this website Walker will conduct periodic informational webinars and live educational events. One-on-one consulting sessions can be coordinated as well with your regional sales team. Walker will also provide support to customers engaged in the proposal process. Please consult your local Walker sales rep for more details.
