CPUC Approves Program to Help Local Governments, Tribes, and Nonprofits Close the Digital Divide
The California Public Utilities Commission (CPUC), in its commitment to the state’s Broadband For All objectives, today adopted requirements and guidelines for a $750 million program that will help local governments, tribes, and non-profits to finance publicly-owned broadband infrastructure projects. The Broadband Loan Loss Reserve Fund provides a credit enhancement for financing broadband infrastructure deployed …