Robert Besser
01 Aug 2022, 12:29 GMT+10
WASHINGTON D.C.: As part of the drive to expand internet access nationwide, President Joe Biden's administration has announced the availability of $401 million to enable 31,000 rural residents and businesses in 11 states to access the internet.
"With this money, we are one step closer to President Biden's ambitious goal of affordable and reliable internet for all," said Mitch Landrieu, White House infrastructure coordinator.
Also this week, Vice President Kamala Harris traveled to New York to announce formation of the Economic Opportunity Coalition comprising 23 companies and foundations, with the aim of investing billions of dollars into low-income communities.
The purpose of the group is to "address economic disparities and accelerate economic opportunity in communities of color and other underserved communities," the White House said, adding that the founding members of the coalition include Ariel Investments, Bank of America, BNY Mellon, Capital One, Citi, Discover, Ford Foundation, Goldman Sachs, Google, Key Bank, Kresge Foundation, Mastercard, McDonald's, McKinsey & Company, Micron, Momentus Capital, Moody's, Netflix, PayPal, PNC, the Rockefeller Foundation, TIAA and Upstart.
The ReConnect Program, a fund dispersed by the U.S. Agriculture Department (USDA), will provide the $401 million in loans and grants.
The program will support high-speed internet projects throughout the nation.
Get a daily dose of San Antonio Post news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to San Antonio Post.
More InformationWASHINGTON D.C.: The U.S. Food and Drug Administration has approved the sale of over-the-counter hearing aids for people with mild ...
The Oakland Athletics will get an opportunity to introduce one of their prize acquisitions, Shea Langeliers, to the home fans ...
The red-hot St. Louis Cardinals will aim to stretch their winning streak to five games when they square off against ...
Seahawks left guard Damien Lewis sustained a right ankle injury in the second quarter of Seattle's 27-11 loss to the ...
WASHINGTON - The White House faces constant pressure from more than 60 American families whose relatives are held hostage overseas, ...
Nelson Cruz drew a four-pitch, bases-loaded walk from Padres closer Josh Hader with one out in the ninth inning Thursday ...
LONDON, England: Official figures have been released indicating that in the year to June, the UK recorded its highest increase ...
WASHINGTON D.C.: The U.S. Food and Drug Administration has approved the sale of over-the-counter hearing aids for people with mild ...
DHAKA, Bangladesh - Michelle Bachelet has urged the Bangladesh government to establish an independent investigation into allegations of enforced disappearances. ...
LONDON, England: Despite a legal challenge in London's High Court in early September, the UK government is continuing to pursue ...
NEW DELHI, India: During his national day address this week, Prime Minister NarendraModi said India will seek to become a ...
LONDON, England: The cap on flight departures from London's Heathrow Airport will beextended until October 29, airport officials announced.Heathrow capped ...