Stimulus Funding

Embed Size (px)

Citation preview

  • 8/14/2019 Stimulus Funding

    1/3

    1

    California Emerging Technology FundAmerican Recovery and Reinvestment Act of 2009 Review

    Bill Purpose

    1. Preserve and create jobs and promote economic recovery.2. Assist those most impacted by the recession.3. Provide investments needed to increase economic efficiency by spurring technological

    advances in science and health.4. To invest in transportation, environmental protection, and other infrastructure that will

    provide long-term economic benefits.5. To stabilize State and local government budgets, in order to minimize and avoid reductions

    in essential services and counterproductive state and local tax increases.

    California Facts

    California accounts for 4.4% of the countrys land area and contains 13% of the nations population.CETF estimates that California should receive between 10 and 15% of the grants, loans and loan

    guarantees awarded by the American Recovery and Reinvestment Act of 2009.

    Bill Funding Opportunities

    United States Department of Agriculture (USDA)

    Rural Community Facilities Program Account$130 million in small business loans

    Rural Business

    $150 million Cooperative Service Rural Business Program Account

    Rural Utilities Services (RUS)$2.5 billion Distance Learning, Telemedicine and Broadband Program

    Priorities: Projects that deliver end users with a choice of more than one service provider (implies a

    wholesale arrangement exactly one of CETFs recommendations). Projects that provide service to the highest proportion of rural residents that do not have

    access to broadband services. Project applications from borrowers or former borrowers.Limitations: No area of the project funded may receive funding to provide broadband service under the

    Broadband Technology Opportunities Program. 75% of area to be served by a project shall be in a rural area without sufficient access to

    high-speed broadband service to facilitate rural economic development. No award deadline or state-level project award requirements are specified.

  • 8/14/2019 Stimulus Funding

    2/3

    2

    Department of Commerce

    Economic Development Administration$150 million Economic Development Assistance Program

    National Telecommunications and Information Administration (NTIA)$4.7 billion Broadband Technology Opportunities Program (TOP) allocated as follows: $3.9 billion for broadband deployment. $200 million to expand public computer center capacity. $250 million for innovative programs to encourage sustainable adoption of broadband service. $350 million for a state-level broadband map (may be transferred to FCC), State Broadband

    Data and Development Grant Program.

    Goals: Provide access to broadband service to consumers residing in unserved areas. Provide improved access to broadband service to consumers residing in underserved areas. Provide broadband education, awareness, training, access, equipment and support to:

    Schools, libraries, medical and healthcare providers, community colleges and otherorganizations that facilitate greater broadband use by these organizations.

    Organizations that provide outreach, access, equipment and support services to facilitategreater use of broadband service by low-income, unemployed, ages and otherwisevulnerable populations.

    Job-creating strategic facilities located within state-designated economic zones. Improve access to, and use of, broadband service by public safety agencies. Stimulate the demand for broadband, economic growth and job creation.Priorities: No less than 1 grant in each State. Increase the affordability of, and subscribership to, service to the greatest population of

    users in the area.

    Provide the greatest broadband speed possible to the greatest population of the users in thearea.

    Enhance service for health care delivery, education or children to the greatest population ofusers in the area.

    Limitations: All awards are made before the end of fiscal year 2010. Federal share cant exceed 80% of funding without approval by Assistant Secretary (a long

    list of caveats exist). Applicants must abide by a non-discrimination and network interconnection policy (to be

    published by the Assistant Secretary) which must, at a minimum, meet the principles

    contained in the FCCs broadband policy statement (FCC 05-15, adopted August 5, 2005).

    Big changes since House Bill version: No reference to bandwidth tiers, current generation or next generation broadband. No references to wireless and wireline, simply broadband. Open Access removed and replaced with Assistant Secretary inter-connection (to be

    published) document that must meet or exceed FCC 2005 broadband principles. No defined split between rural and urban areas.

  • 8/14/2019 Stimulus Funding

    3/3

    3

    No defined split between unserved and underserved areas. No defined split between wireless and wireline technologies or funding. No references to voice-only deployments. Foundations, corporations, institutions, associations and other entities approved by the

    Assistant Secretary may qualify for grants, loans and loan guarantees. No tax incentives for any broadband deployment.

    Department of Labor

    Employment and Training Administration, Training and Employment Services$3.95 billion allocated as follows: $500 million for adult employment and training activities. $1.2 billion for youth activities. $1.25 billion for dislocated worker employment and training activities. $50 million for YouthBuild activities. $200 million for the dislocated works assistance national reserve. $750 million for worker training and placement in high growth and emerging industry sectors

    ($500 million in energy efficiency and renewable energy).

    Department of Health and Human Services

    Indian Health Service$85 million Tele-health services development and related infrastructure requirements.Indian Health Facilities$985 million Priority health care facilities construction projects. Deferred maintenance. Purchase of equipment and related service. Health information technology.Health Resources and Services $1 billion for health centers. $3 billion for renovation, repair and health information technology systems. $1 billion for training of health professionals.