CPUC Approves Broadband Loan Loss Program Rules
The California Public Utilities Commission unanimously adopted rules Thursday regarding the state's $750 million broadband loan loss reserve fund (BLLRF) program (see 2309290050). The move will "bolster community-led efforts to build broadband infrastructure" and "provide an essential backstop for communities…
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seeking to finance their own networks," said President Alice Reynolds. The vote was held during an agency meeting.