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.

CAPITAL PROJECTS FUND ANNOUNCES THIRD BATCH OF AWARDS TO FIVE ADDITIONAL STATES

Updated September 8, 2022: The Capital Projects Fund approved New Hampshire’s second plan to invest in broadband infrastructure to provide high-speed internet to locations that lack access to adequate service. In total, New Hampshire is using $122 million – 100% of their CPF funding – for broadband infrastructure to reach an estimated 24,000 locations, or 80% of locations still lacking high-speed internet access in the state. More information about the award can be found in the full press release, New Hampshire to Receive Additional $66 Million in Additional American Rescue Plan Funds to Increase Access to Affordable, High-Speed Internet, and in the New Hampshire CPF Award Fact Sheet 2.

On August 30, 2022, the Capital Projects Fund announced five additional awards to Arkansas, Connecticut, Indiana, Nebraska, and North Dakota, totaling more than $408 million to increase access to affordable, reliable high-speed internet to more than 90,000 homes and businesses.

The state plans approved in this group of awards will support broadband infrastructure designed, upon project completion, to deliver reliable internet service that meets or exceeds symmetrical download and upload speeds of 100 megabits per second (Mbps), speeds that are needed for a household with multiple users to simultaneously access the internet to telework and access education and health monitoring.

Treasury designed its guidance to prioritize connecting families and businesses with poor and inadequate service – particularly those in rural and remote areas.

In accordance with Treasury’s guidance, each state’s plan requires all service providers to participate in the Federal Communications Commission’s (FCC) new Affordable Connectivity Program (ACP). The ACP helps ensure that households can afford the broadband they need for work, school, healthcare, and more by providing a discount of up to $30 per month. The FCC estimates that about 48 million families are eligible for the program — nearly 40% of US households.

More information about the awards can be found in the full press release, Treasury Announces Five Additional Capital Projects Fund Awards to Increase Access to Affordable, High-Speed Internet, and in each of the award fact sheets:

This announcement follows Treasury’s June 7, 2022, and July 14, 2022, announcements of Capital Projects Fund awards to states. To date, the Capital Projects Fund has awarded approximately $1.4 billion to states that will be invested in high-speed internet infrastructure estimated to reach nearly 400,000 homes and businesses.

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:

KEY CPF DEADLINES

Eligible states, territories, and freely associated states may now submit Grant Plans through the Treasury Submission Portal. Tribal governments are 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 October 14, 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 Governments 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.

On August 10, 2022, Treasury published the Capital Projects Fund Compliance and Reporting Guidance for States, Territories, and Freely Associated States.

Treasury will host webinars to support recipients to meet relevant compliance and reporting requirements. Please continue to check this website for updates on the webinar schedule, the forthcoming user guide, and additional resources.

2022 CPF Compliance Supplement

General Inquiries

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

Program Updates

Fact Sheet (January 25, 2022)

Statement on Purpose and Process (May 10, 2021)

[Archive] How to Apply for CPF Funding (Winter 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.