Treasury Final Rule Significantly Expands Permitted Use of ARPA Funds for Broadband Infrastructure Projects

The Treasury Department has issued its Final Rule regarding the use of Coronavirus State and Local Fiscal Recovery Funds (SLRF) established under the American Rescue Plan Act (ARPA). The Final Rule significantly expands ARPA recipients’ flexibility to use the funds for broadband infrastructure projects. Under the Interim Final Rule, eligible broadband infrastructure investments were limited...