Biden-Harris Administration’s Over $263 Million Commitment to Boost High-Speed Internet in New Jersey
The Biden-Harris administration is investing more than $263 million to bridge the digital divide and bolster high-speed Internet access across New Jersey.
“What this announcement means for people across the country is that if you don’t have access to quality, affordable high-speed Internet service now – you will, thanks to President Biden and his commitment to investing in America,”Secretary of Commerce Gina Raimondo.
New Jersey’s Involvement in the Broadband Equity, Access, and Deployment (BEAD) Program
The Broadband Equity, Access, and Deployment (BEAD) program has allocated $263,689,548.65 to New Jersey. This funding will improve Internet services and stimulate economic development in the state.
Powering New Jersey’s Digital Economy and Infrastructure
The BEAD funding aims to supercharge New Jersey’s digital economy, bolster domestic fiber-optic cable manufacturing, and generate job opportunities within the Internet infrastructure sector.
High-Speed Internet: A Fundamental Necessity for New Jersey
As Mitch Landrieu, Senior Advisor to the President and White House Infrastructure Coordinator, highlighted, “High-speed Internet is a necessity in today’s society.” This allocation underscores the Biden-Harris administration’s dedication to ensuring comprehensive Internet access for everyone in New Jersey.
New Jersey’s BEAD Funding Allocation
The BEAD program will grant $263,689,548.65 to New Jersey. The funds will be utilized to develop or upgrade broadband networks, ensuring accessible, affordable, high-speed Internet service to every New Jersey resident.
Long-Term Implications: Enabling Social and Economic Development in New Jersey
Taking into account long-termism, this significant investment not only provides immediate benefits but also promises lasting social and economic progress for New Jersey. It paves the way for a future where digital inclusivity becomes a reality for all.
State allocations and funding details
In total $42.45 billion in funds will be allocated to all 50 states, the District of Columbia, and five territories.
A detailed list of funding allocations for each state, D.C., and the territories can be found on InternetForAll.Gov.
Here’s how it breaks down:
|District of Columbia||$100,694,786.93|
|Northern Mariana Islands||$80,796,709.02|
|U.S. Virgin Islands||$27,103,240.86|