Capital Projects Fund

The Coronavirus Capital Projects Fund (Capital Projects Fund) will address many challenges laid bare by the pandemic, especially in rural America, Tribal communities, and low- and moderate-income communities, helping to ensure that all communities have access to the high-quality modern infrastructure, including broadband, needed to access critical services.

The American Rescue Plan provides $10 billion for payments to eligible governments to carry out critical capital projects that directly enable work, education, and health monitoring, including remote options, in response to the public health emergency.

Eligible states, territories, freely associated states, and Tribal governments may now submit applications for their Capital Projects Fund allocation using the Treasury Submission Portal.

Funding objectives

The COVID-19 public health emergency revealed and continues to reinforce our understanding that communities without access to high-quality modern infrastructure, including broadband, face impediments to fully participating in aspects of daily life, such as remote work, telehealth, and distance learning.  Treasury is launching the Capital Projects Fund to allow recipients to invest in capital assets that meet communities’ critical needs in the short- and long-term, with a key emphasis on making funding available for broadband infrastructure.  The Capital Projects Fund aims to:

  • Directly support recovery from the COVID-19 public health emergency by strengthening and improving the infrastructure necessary for participation in work, education, and health monitoring that will last beyond the pandemic.
  • Enable investments in capital assets designed to address inequities in access to critical services.
  • Contribute to the Administration’s goal of providing every American with the modern infrastructure necessary to access critical services, including a high-quality and affordable broadband internet connection.

A key priority of this program is to make funding available for reliable, affordable broadband infrastructure and other digital connectivity technology projects.  Recipients may also use funds for certain other capital projects, such as multi-purpose community facilities, that enable work, education, and healthcare monitoring, including remote options.  The program encourages recipients to focus on economically distressed areas, support community empowerment, and adopt strong labor practices.

Capital Projects Fund applicants should review the detailed information provided in Section I of the Capital Projects Fund Guidance:

How to Request Funding

Eligible states, territories, freely associated states, and Tribal governments will be able to apply for their allocation of the Capital Projects Fund through the Treasury Submission Portal.

Type Application Portal Launch Date Deadline to Request Funding Deadline to Submit Grant Plan
States, Territories & Freely Associated States September 24, 2021 December 27, 2021 September 24, 2022
Tribal Governments October 1, 2021 June 1, 2022 Not Applicable

 

Additional information about how to apply for Capital Projects Fund grant funding can be found in Section II of the Capital Projects Fund Guidance:

All eligible applicants must carefully read the Capital Projects Fund Guidance regarding the process for requesting funding.  Tribal Governments may also visit the Capital Projects Fund Tribal Government page for additional details.

Funding Amounts

Congress has allocated funding from the Capital Projects Fund to states, the District of Columbia, and Puerto Rico; territories and freely associated states; and Tribal governments and the State of Hawaii (for Native Hawaiian Programs). These allocations include:

Type Amount
States, District of Columbia, and Puerto Rico $9.8 billion
Territories & Freely Associated States $100 million
Tribal Governments $100 million

Allocation Information

Treasury has published detailed allocation information for the Capital Projects Fund:

States, Territories & Freely Associated States

Tribal Governments & the State of Hawaii (for Native Hawaiian Programs)

Each Tribal government and the State of Hawaii (for Native Hawaiian Programs) are allocated an equal amount of approximately $167,504 in line with the statute’s requirements to allocate funds to these governments in “equal shares.”

Eligible Projects

For a capital project to be an eligible use of Capital Projects Fund grant funds, it must meet all of the following criteria:

  1. The capital project invests in capital assets designed to directly enable work, education, and health monitoring.
  2. The capital project is designed to address a critical need that resulted from or was made apparent or exacerbated by the COVID-19 public health emergency.
  3. The capital project is designed to address a critical need of the community to be served by it.

 

The following capital projects are identified in the Capital Projects Fund Guidance as being eligible uses of Capital Projects Fund grant funding:

  • Broadband Infrastructure Projects: the construction and deployment of broadband infrastructure designed to deliver service that reliably meets or exceeds symmetrical speeds of 100Mbps so that communities have future-proof infrastructure to serve their long-term needs.
  • Digital Connectivity Technology Projects: the purchase or installation of devices and equipment, such as laptops, tablets, desktop personal computers, and public Wi-Fi equipment, to facilitate broadband internet access for communities where affordability is a barrier to broadband adoption and use.
  • Multi-Purpose Community Facility Projects: the construction or improvement of buildings designed to jointly and directly enable work, education, and health monitoring located in communities with critical need for the project.

Case-by-Case Review: In addition to the eligible Capital Projects identified above, recipients may propose a different use of funds.  Such uses must meet the statutory criteria, and recipients will be required to demonstrate that any such projects satisfy the eligibility criteria identified in the Capital Projects Fund Guidance.

Capital Projects Fund grant funding can also be used for the ancillary costs related to eligible capital projects that are necessary to put the asset to full use.  For example, if an applicant plans for Digital Connectivity Technology Projects, Capital Projects Fund awards can be used to provide digital literacy training to community members so that they gain the knowledge and skills necessary to make full use of the devices in order to conduct activities related to education, work, and health monitoring.

Recipient Compliance and Reporting

Capital Projects Fund recipients are required to meet certain compliance and reporting requirements.  Recipient reporting requirements vary by eligible use and project type.

More information about reporting requirements will be released in the coming weeks.

For More Information

Informational Webinars

Treasury plans to host webinars to provide additional information about the Capital Projects Fund for eligible applicants.  Materials from the webinars will be posted to this website after the sessions.

Webinar Audience Materials Recording
States, Territories & Freely Associated States
(Hosted on Thursday, September 30)
 September 30 Webinar Slides  September 30 Webinar Recording
Tribal Governments (co-hosted by Treasury and NTIA)
(Hosted on Wednesday, October 6)
 October 6 Webinar Slides  October 6 Webinar Recording

Applicants should continue to check this website for additional webinar opportunities.

General Inquiries

For general questions about the Capital Projects Fund, please email CapitalProjectsFund@treasury.gov

Prior Program Updates

Statement on Purpose and Process (May 10, 2021)

The U.S. Department of the Treasury would like to recognize its partnership with the U.S. Department of Commerce, National Telecommunications and Information Administration (NTIA) in support of its work on the Capital Projects Fund.