The U.S. Department of the Treasury approves New Jersey’s plan to invest $50 million of CPF funding in broadband infrastructure projects that will provide high-quality internet to locations that lack access to adequate service.

Program Summary: $50 million for Broadband Infrastructure (26% of CPF allocation)

Locations to Be Served: 28,216 (estimated)

Program Description: The New Jersey Broadband Infrastructure Deployment Equity (NJBIDE) pilot program is a competitive grant program designed to connect areas with limited or no access to reliable broadband internet.

• The program is designed to provide internet service with speeds of 100/100 Mbps upon project completion.
• Each of the internet service providers funded by the program will participate in the FCC’s Affordable Connectivity Program (ACP) - a $30 per month subsidy for low-income families.

Key State Contact: The New Jersey Board of Public Utilities (BPU)

Estimates show that investments made using the Capital Projects Fund will serve ~2.5% of locations still lacking high-speed internet access in the state.