Federal Reserve Bank of Dallas

10/01/2024 | Press release | Distributed by Public on 10/01/2024 13:34

Permian Connected selected for the Dallas Fed's Broadband Buildout Initiative

News Releases

October 01, 2024

DALLAS-Permian Connected has been selected to participate in the Federal Reserve Bank of Dallas' Broadband Buildout Initiative launched this year to expand internet access in the Eleventh District.

The Broadband Buildout Initiative goal is to help close the economic and social gap between those who have reliable access to the internet and those who do not.

Participants were selected by members of the initiative's independent digital inclusion advisory committee. The Dallas Fed does not participate in selection decisions.

Permian Connected is a cross-sector partnership based in Ector County, Texas. The collaborative is focused on bringing affordable, reliable broadband to all residents in their region. The support from BBI will help Permian Connected refine and implement their infrastructure plan.

The Dallas Fed does not provide funding or technology support directly through the program. But it does work with nonprofit Connect Humanity to facilitate access to technical guidance and funding from outside sources for the selected community groups. Qualifying projects target less than 100,000 households that face limitations on technical expertise or challenges with financing.

Four communities were selected to participate in the Broadband Buildout Initiative.

For more information, visit Digital inclusion: Community initiatives - Dallasfed.org

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Media contact:
Jon Prior
Federal Reserve Bank of Dallas
Phone: 214-922-6857
Email: [email protected]