The funds allocated to the CPF Program will be used to support broadband infrastructure projects (“Broadband Infrastructure Projects”) likely in three communities in the State (Jamestown, Newport, and Westerly) and will achieve the following outcomes: 3. Improve speed, resilience, and latency of current last-mile networks by ensuring that such networks can support 100/100 megabits-per-second (“Mbps”) average real speeds and 4. Provide affordable broadband access to homes and businesses. The majority of CPF Program funding ($23,870,765) will provide subgrants for last-mile broadband infrastructure projects to qualified subrecipients in the three communities listed above.4 Subrecipients will be selected through a competitive Request for Proposals (RFP) process. The Corporation anticipates the subrecipient selection process June or July of 2024, and full deployment of projects funded by the CPF Program will be completed by December 31, 2026. The Corporation seeks formal approval for its CPF Program. While the CPF Program is expected to serve Jamestown, Newport, and Westerly, it may serve other locations based on final approval of the Broadband Serviceable Location Classification Methodology by the National Telecommunications and Information Administration (NTIA).
