The Broadband Authority approved moving forward with a proposal by Shentel and a second by River Street Networks to provide high speed broadband services to over 5000 homes and businesses in some of the hardest to reach areas of Franklin County.
The County will be submitting grant funding requests to the Virginia Telecommunications Initiative (VATI) Program for $30 million. The Virginia Telecommunication Initiative (VATI) Program, administered by the Virginia Department of Housing and Community Development (DHCD), is intended to extend broadband service to currently unserved areas. VATI prepares communities to build, utilize, and capitalize on telecommunications infrastructure with the goal of creating strong, competitive communities. At the August special session of the General Assembly, they approved $700 million of broadband funding for the VATI program, an increase from the previously allocated $50 million. The County plans to invest up to $7.7 million of County funds received from the American Rescue Plan Act (ARPA) into these projects over 24-36 months. Additional investment of over $11 million will come from the private partners and other grant funding.
Read full press release here.