Stimulus funds support broadband expansion
GRANITE FALLS -- MVTV will be receiving $562,776 in a low-interest loan and $562,776 in grant funds for its broadband expansion project through the American Recovery and Reinvestment Act. It will be matching the monies with $281,388 in private investment, according to a recent announcement by U.S. Agriculture Secretary Tom Vilsack.
The company will expand broadband to rural areas termed "underserved'' due to the lack or limited availability of affordable broadband service.
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