Grant applicants are required to have a line of credit from a major bank and put up 25% of the project cost ahead of time. That will likely disqualify many small internet service providers in rural areas.
Rural Texas may lose out on billions in broadband infrastructure funding due to federal regulations gainesvilleregister.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from gainesvilleregister.com Daily Mail and Mail on Sunday newspapers.
Grant applicants are required to have a line of credit from a major bank and put up 25% of the project cost ahead of time. That will likely disqualify many small internet service providers in rural areas.
The federal telecommunications administration declined to comment for this article. The administration did accept public comments regarding the rules after a notice was released last year.
Applicants are required to have a line of credit from a major bank and put up 25% of the project cost ahead of time. That will likely disqualify many small internet service providers in rural areas.