Funding planned for Iowa broadband projects - KWWL - Eastern Iowa Breaking News, Weather, Closings

Funding planned for Iowa broadband projects

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WASHINGTON (KWWL) - U.S. Agriculture Secretary Tom Vilsack has announced federal funding for broadband projects across the country; four are in Iowa.

The money is available through the Recovery Act, and is planned to give rural areas more access to the tools to attract new businesses and jobs.

Below are the companies, amounts and project descriptions from the U.S. Department of Agriculture.

Clear Lake Independent Telephone Co Inc

$7,910,462

This $7.9 million award to Clear Lake Independent Telephone Company will create a Fiber-to-the-Home broadband deployment that will not only bring services to previously unserved households, but provide improved service throughout the footprint. Clear Lake's project stands to benefit approximately 2000 people, and 20 businesses. In addition to the jobs this project will create upfront, it will help drive economic development and create jobs for decades to come.

Farmers' Mutual Telephone Company

$8,550,953

This $8.6 million award to Farmers' Mutual Telephone Company with an additional $2.1 million of outside capital will be used to construct a fiber-to-the-premises (FTTP) network that provides greater than 20megabytes per second broadband access to unserved communities. Farmer's Mutual Telephone Company's project stands to benefit approximately 3,700 people, 70 businesses, and 15 other community institutions. Farmer's Mutual Telephone Company estimates that this project will directly create at least 115 jobs upfront and help drive economic development in the community that creates jobs for years to come.

Hospers Telephone Exchange, Inc

$8,325,402

This $8.3 million award to Hospers Telephone Exchange will offer fiber-to-the-home (FTTH) service in Hospers, Iowa, and its surrounding rural areas. Approximately 2,000 people stand to benefit across portions of Lyon, O'Brien, Osceola, and Sioux Counties, as do more than 150 businesses and nearly 10 community institutions. In addition to the jobs this project will create upfront, it will help drive economic development and create jobs for decades to come.

Winnebago Cooperative Telecom Association

IA (84%) MN (16%)

$19,632,404

This $19.6 million grant will allow the Winnebago Cooperative Telecom Association (WCTA) to provide FTTP for rural portions of about 21 communities in Iowa and Minnesota, and will provide bandwidth of over 5megabytes per second for advanced voice, video, and data services. WCTA's project stands to benefit over 8,000 people. Not only will this project create jobs upfront, but it will also help drive economic development in the community that will help create jobs for years to come.

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