Posted by the U.S. Department of Treasury on 09/20/2021
The U.S. Department of the Treasury (Treasury) released guidance for the Coronavirus Capital Projects Fund (CPF) program established by the American Rescue Plan Act of 2021. This program provides $10 billion for eligible governments to carry out critical capital projects that directly enable work, education, and health monitoring, including remote options, in response to the COVID-19 public health emergency. The Capital Projects Fund Guidance, now available at treasury.gov/CPF, describes how governments may access and use these funds.
A key priority of this program is to make funds available to recipients that would like to make investments in high-quality, affordable broadband infrastructure and other digital connectivity technologies focused on closing the digital divide. This pandemic has shown us that broadband infrastructure is indispensable for access to critical services and participation in aspects daily life, including remote work, telehealth, and distance learning. The guidance provides information about eligible areas for investment and technical standards, and encourages projects in economically distressed areas, supports community empowerment, and encourages strong labor practices.
Treasury will make several resources available to assist eligible governments with accessing CPF funds, including webinars or other information sessions and points of contact in the CPF office.
For States, Territories, and Freely Associated States
The first webinar for states, territories, and freely associated states will be held on September 30, 2021 at 3:00 PM ET and will focus on accessing and navigating the application portal and provide an overview of the Guidance. Interested parties may register here.
For Tribal Governments
Treasury has partnered with the National Telecommunications and Information Administration’s (NTIA) Tribal Connectivity & Nation to Nation Coordination office to support Tribal government applicants. Treasury and NTIA will host awebinar on October 6, 2021 at 3:00 PM ET that will focus on accessing and navigating the application. Interested parties may register here.
For more information
To learn more about the Capital Projects Fund, including specific allocations, please visit Treasury’s Capital Projects Fund website. To receive updates on Treasury’s COVID-19 Economic Relief programs, please sign up here.
Thank you for your continued partnership.
Office of Recovery Programs
U.S. Department of the Treasury