The Capital Projects Fund (CPF) provides $10 billion to states, territories, freely associated states, and Tribal governments to fund critical capital projects that enable work, education, and health monitoring in response to the public health emergency. These funds are addressing many challenges laid bare by the pandemic, especially in rural America, Tribal communities, and low- and moderate-income communities, helping to ensure that all communities have access to the high-quality modern infrastructure, including broadband, needed to access critical services.
The American Rescue Plan provides $10 billion for payments to eligible governments to carry out critical capital projects that directly enable work, education, and health monitoring, including remote options, in response to the public health emergency.
CAPITAL PROJECTS FUND ANNOUNCES $10 MILLION IN FUNDING TO NEW MEXICO
On March 15, 2024, the Capital Projects Fund announced the award of $10 million to New Mexico to construct and upgrade seven libraries and family resource centers within the state’s tribal communities to ensure Native American residents have access to work, education, and health monitoring services and programming. This award is in addition to $117 million in CPF broadband infrastructure funding that Treasury announced in 2022.
More information about the award can be found in the full press release, Biden-Harris Administration Announces New Funding to Expand High Speed Internet in New Mexico Tribal Communities as Part of President Biden’s Investing in America Agenda, and in the award fact sheet:
The Treasury Department began announcing state awards in June 2022. To date, CPF has awarded approximately $9.6 billion for broadband, digital technology, and multi-purpose community center projects in all states and the District of Columbia, which states estimate will reach over two million locations, in addition to the hundreds of thousands of individuals who will be served annually by multi-purpose community facilities.
Funding objectives
The COVID-19 public health emergency revealed and continues to reinforce our understanding that communities without access to high-quality modern infrastructure, including broadband, face impediments to fully participating in aspects of daily life, such as remote work, telehealth, and distance learning. Treasury is launching the Capital Projects Fund to allow recipients to invest in capital assets that meet communities’ critical needs in the short- and long-term, with a key emphasis on making funding available for broadband infrastructure. The Capital Projects Fund aims to:
- Directly support recovery from the COVID-19 public health emergency by strengthening and improving the infrastructure necessary for participation in work, education, and health monitoring that will last beyond the pandemic.
- Enable investments in capital assets designed to address inequities in access to critical services.
- Contribute to the Administration’s goal of providing every American with the modern infrastructure necessary to access critical services, including a high-quality and affordable broadband internet connection.
A key priority of this program is to make funding available for reliable, affordable broadband infrastructure and other digital connectivity technology projects. Recipients may also use funds for certain other capital projects, such as multi-purpose community facilities, that enable work, education, and healthcare monitoring, including remote options. The program encourages recipients to focus on economically distressed areas, support community empowerment, and adopt strong labor practices.
Capital Projects Fund applicants should review the detailed information provided in Section I of the Capital Projects Fund Guidance:
- Capital Projects Fund Guidance for States, Territories, and Freely Associated States
- Capital Projects Fund Guidance for Tribal Governments
KEY CPF DEADLINES
Eligible states, territories, and freely associated states may now submit Grant Plans through the Treasury Submission Portal. Tribal governments are able to apply for their allocation of the Capital Projects Fund through the Treasury Submission Portal.
| Type | Application Portal Launch Date | Deadline to Request Funding | Deadline to Submit Grant Plan |
|---|---|---|---|
| States, Territories & Freely Associated States | September 24, 2021 | December 27, 2021 | September 24, 2022 |
| Tribal Governments | October 1, 2021 | October 14, 2022 | Not Applicable |
Additional information about how to apply for Capital Projects Fund grant funding can be found in Section II of the Capital Projects Fund Guidance:
- Capital Projects Fund Guidance for States, Territories, and Freely Associated States
- Capital Projects Fund Guidance for Tribal Governments
All eligible applicants must carefully read the Capital Projects Fund Guidance regarding the process for requesting funding. Tribal Governments may also visit the Capital Projects Fund Tribal Governments page for additional details.
Funding Amounts
Congress has allocated funding from the Capital Projects Fund to states, the District of Columbia, and Puerto Rico; territories and freely associated states; and Tribal governments and the State of Hawaii (for Native Hawaiian Programs). These allocations include:
| Type | Amount |
|---|---|
| States, District of Columbia, and Puerto Rico | $9.8 billion |
| Territories & Freely Associated States | $100 million |
| Tribal Governments | $100 million |
Allocation Information
Treasury has published detailed allocation information for the Capital Projects Fund:
States, Territories & Freely Associated States
- Allocation for States
- Allocations for Territories & Freely Associated States
- Allocation Methodology for States, Territories & Freely Associated States
Tribal Governments & the State of Hawaii (for Native Hawaiian Programs)
Each Tribal government and the State of Hawaii (for Native Hawaiian Programs) are allocated an equal amount of approximately $167,504 in line with the statute’s requirements to allocate funds to these governments in “equal shares.”
Eligible Projects
For a capital project to be an eligible use of Capital Projects Fund grant funds, it must meet all of the following criteria:
- The capital project invests in capital assets designed to directly enable work, education, and health monitoring.
- The capital project is designed to address a critical need that resulted from or was made apparent or exacerbated by the COVID-19 public health emergency.
- The capital project is designed to address a critical need of the community to be served by it.
The following capital projects are identified in the Capital Projects Fund Guidance as being eligible uses of Capital Projects Fund grant funding:
- Broadband Infrastructure Projects: the construction and deployment of broadband infrastructure designed to deliver service that reliably meets or exceeds symmetrical speeds of 100Mbps so that communities have future-proof infrastructure to serve their long-term needs.
- Digital Connectivity Technology Projects: the purchase or installation of devices and equipment, such as laptops, tablets, desktop personal computers, and public Wi-Fi equipment, to facilitate broadband internet access for communities where affordability is a barrier to broadband adoption and use.
- Multi-Purpose Community Facility Projects: the construction or improvement of buildings designed to jointly and directly enable work, education, and health monitoring located in communities with critical need for the project.
Case-by-Case Review: In addition to the eligible Capital Projects identified above, recipients may propose a different use of funds. Such uses must meet the statutory criteria, and recipients will be required to demonstrate that any such projects satisfy the eligibility criteria identified in the Capital Projects Fund Guidance.
Capital Projects Fund grant funding can also be used for the ancillary costs related to eligible capital projects that are necessary to put the asset to full use. For example, if an applicant plans for Digital Connectivity Technology Projects, Capital Projects Fund awards can be used to provide digital literacy training to community members so that they gain the knowledge and skills necessary to make full use of the devices in order to conduct activities related to education, work, and health monitoring.
Recipient Compliance and Reporting
Capital Projects Fund recipients are required to meet certain compliance and reporting requirements. Recipient reporting requirements vary by eligible use and project type.
On June 7, 2023, Treasury updated the Capital Projects Fund Compliance and Reporting Guidance for States, Territories, and Freely Associated States. Treasury also published the Capital Projects Fund Compliance and Reporting Guidance for Tribal Entities. For additional details on compliance and reporting, visit the CPF Recipient Compliance and Reporting Responsibilities webpage.
General Inquiries
For general questions about the Capital Projects Fund, please email CapitalProjectsFund@treasury.gov
Program Updates
Statement on Purpose and Process (May 10, 2021)
[Archive] How to Apply for CPF Funding (Winter 2021)
The U.S. Department of the Treasury would like to recognize its partnership with the U.S. Department of Commerce, National Telecommunications and Information Administration (NTIA) in support of its work on the Capital Projects Fund.