Governor Greitens
Announces Rural Growth Plan
Yesterday, Governor Eric Greitens outlined his plan to use newly available funds to bring
more jobs and opportunity to rural Missouri. The package focuses on rural
broadband, clean water initiatives and infrastructure improvements to ports.
“Missouri’s
rural communities have been ignored for too long," Governor Greitens said. "I’m proud to put forward this
rural growth plan, because I believe Missourians in rural towns across the
state need us to invest in and fight for them.”
Broadband:
This
proposal encourages a $45,000,000 investment in rural broadband over the next
two years to bring high-speed internet to businesses and homes without quality
access. Currently,
Missouri is without an accurate picture of the state of rural broadband. While
some estimates are available they lack the sophistication and detail necessary
to target infrastructure investments in areas with the greatest potential
impact. The Governor has proposed allocating $1 million of those funds for a
comprehensive mapping project and to produce an estimate of the total cost of
bringing broadband to every home and business in Missouri.
The
Governor has also proposed creating a “Rural Broadband Matching Fund.” This
fund will provide grants to match private investment for new broadband
infrastructure. The Department of Economic Development’s Rural Broadband Office
would invest in projects that: (1) bring new service that meets the FCC's
current broadband benchmarks into areas that do not have it at all or (2)
introduce fiber-optic connections to new areas and (3) are funded primarily by
private investment.
Providers
that accept grants would do so on the condition that they are subject to a
state claw-back of the grant funds if the project fails to produce as much
infrastructure/serve as large of an area as the application indicated, to
consist of the type of infrastructure the application indicated (e.g., cable
instead of fiber-optics), or to provide speeds at the rate the application
indicated.
Click here to learn more about the Governor's plan.
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