Treasury Approves Funding for High-Speed Internet Installations

$167 million will update infrastructure to connect 20,000 homes and businesses.

The Department of the Treasury recently announced the release of $167.7 million for the development of high-speed internet throughout Oklahoma. The state estimates that this funding will connect around 20,000 homes and businesses to the steadily growing high-speed internet infrastructure. The funding will be distributed to eligible applicants through Oklahoma’s Broadband Infrastructure Grants.

“The pandemic upended life as we knew it and exposed the stark inequity in access to affordable and reliable high-speed internet in communities across the country, including rural, Tribal, and other underrepresented communities,” said Deputy Secretary of the Treasury Wally Adeyemo. “This funding is a key piece of the Biden-Harris Administration’s historic investments to increase access to high-speed internet for millions of Americans and provide more opportunities to fully participate and compete in the 21st century economy.” 

As the Lord Leads, Pray with Us…

  • For Deputy Secretary Adeyemo as he coordinates funding for high-speed internet.
  • For Treasury Department officials as they determine which communities will receive broadband funds.

Sources: Department of the Treasury


Back to top