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Next Week, Learn About Financing Community Broadband With New Market Tax Credits
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As part of its Lunch and Learn series, the Community Broadband Action Network (CBAN) is hosting a webinar next week on New Market Tax Credits. The webinar, scheduled for Tuesday, June 23 at 12 p.m. central, will explore how communities can use the tax credits to help fund and deploy broadband networks.
Registration is free and required. Sign up online.
Who’s Who
CBAN, based out of Iowa, advocates for community-based broadband solutions and assists communities in improving local connectivity. Members of CBAN include local governments, broadband providers, and community organizations.
Shawnna Silvius, director of the Montgomery County Development Corporation, will moderate the discussion. Speakers for the webinar are Myriam Simmons of tax services firm Ryan and Jonathan Klassen of Rural Development Partners.
Money, Money, Money
We’ve covered community broadband network financing options many times in the past.
While many local governments opt to issue bonds or search out state and federal grants to fund connectivity projects, some have taken different, innovative approaches. For example, Ammon, Idaho, is using Local Improvement Districts to build out its fiber network. And in Virginia, Nelson County took advantage of Community Development Block Grants to expand connectivity.
For more, check out our fact sheets on Financing Municipal Networks [pdf] and Creative Funding Sources For Fiber Infrastructure [pdf].
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