|Agriculture Secretary Tom Vilsack|
In the intervening month, only $24 in awards have been announced as the National Telecommunications and Information Administration (NTIA) of Commerce released 2 awards during July.
With all of the program's $ 7.2 billion in federal funds mandated by Congress to be released by October 1, we project both that today's announcement will bring the Round 2 award total over $1 billion and that NTIA will follow quickly with its own large bevy of awards.
Secretary Vilsack will hold a media conference call today at 12:45 p.m. (EDT) to announce the 38 grants and loans. Joining the Secretary with be Jonathan Adelstein, Administrator of USDA's Rural Utilities Service (RUS). RUS manages USDA's portion of the federal program.
StimulatingBroadband.com will cover the media conference and report on today's award announcement. StimulatingBroadband.com