• Home
  • News
  • Personal Finance
    • Savings
    • Banking
    • Mortgage
    • Retirement
    • Taxes
    • Wealth
  • Make Money
  • Budgeting
  • Burrow
  • Investing
  • Credit Cards
  • Loans

Subscribe to Updates

Get the latest finance news and updates directly to your inbox.

Top News

Foundayo, Wegovy and How GLP-1 Weight-Loss Pills Compare to Shots

April 12, 2026

Why Gen Z Workers View Their Current Roles as Just Stepping Stones

April 12, 2026

Wayfair to Open Its First Physical Store in Florida

April 11, 2026
Facebook Twitter Instagram
Trending
  • Foundayo, Wegovy and How GLP-1 Weight-Loss Pills Compare to Shots
  • Why Gen Z Workers View Their Current Roles as Just Stepping Stones
  • Wayfair to Open Its First Physical Store in Florida
  • Want to Rent Your Home for World Cup? Airbnb Tracker Estimates Profit
  • Is USPS Raising Prices for First-Class Stamps? Here’s What to Know
  • More than 100 Southwest Employees to Be Impacted as O’Hare Service Ends
  • Here’s How to Qualify for a Payment From a Google Data Settlement
  • 20 High-Paying Remote Jobs You Can Get Without a Bachelor’s Degree
Sunday, April 12
Facebook Twitter Instagram
FintechoPro
Subscribe For Alerts
  • Home
  • News
  • Personal Finance
    • Savings
    • Banking
    • Mortgage
    • Retirement
    • Taxes
    • Wealth
  • Make Money
  • Budgeting
  • Burrow
  • Investing
  • Credit Cards
  • Loans
FintechoPro
Home » Biden Grants $930 Million In Broadband Federal Funding For Digital Equity
Personal Finance

Biden Grants $930 Million In Broadband Federal Funding For Digital Equity

News RoomBy News RoomAugust 8, 20237 Views0
Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Email Tumblr Telegram

The internet isn’t just an accessory in today’s digital age, it’s a necessity. However, not all communities are connected equally. A stark digital divide exists that disproportionately affects African American communities, particularly in rural areas. The Biden administration, in a bid to bridge this digital chasm, recently announced a groundbreaking $930 million grant aimed at expanding rural internet access.

The Breakdown You Need To Know:

Digital divide, the gap between those who have easy access to computers and the internet, and those who do not, is a persisting issue that has been recognized since the mid-1990s, according to CultureBanx. This divide primarily affects Black communities, where about 40% of households lack high-speed, fixed broadband, according to the Ford Foundation. This is in contrast to 28% of White American households.

While the lack of broadband access is a key concern, it is only one facet of the digital divide. Comprehensive digital inclusion also entails affordable internet subscriptions, internet-enabled devices, applications, digital skills, and high-quality technical support.

For instance, although smartphone and tablet penetration is roughly the same among White, Black, and Hispanic and Latino adults in the U.S., only 69% of Black Americans and 67% of Hispanic Americans own desktop or laptop computers, compared to 80% of White Americans.

The lack of internet access is particularly pronounced in rural, southern areas with higher Black populations. Researchers have found that African Americans across rural counties in 10 mostly southern states were nearly twice as likely to report not having home internet access as white Americans in the same region, Reuters reported. The Biden administration’s grant is a step towards addressing this disparity and promoting digital equity.

What’s Next:

Recognizing the urgency of this broadband and digital divide issue, the Biden administration’s $930 million grant is part of the Department of Commerce’s “Enabling Middle Mile Broadband Infrastructure Program,” which will fund the deployment of over 12,000 miles of new fiber optic cable across 35 states and Puerto Rico.

Read the full article here

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Articles

Walmart+ Has Hidden Perks for Seniors — Including Free Grocery Delivery and Gas Savings

Savings April 4, 2026

The State Program That Adds Money to Your Child’s 529 Plan

Savings April 3, 2026

Dozens of Major Retailers Offer Free Coupons and Year‑Round Discounts

Savings April 2, 2026

They’re Coming For Your Social Security

Retirement April 1, 2026

Exclusive: Conversations With A Burglar Reveal The Best (And Worst) Places To Hide Money At Home

Savings April 1, 2026

Much Ado About Taxes

Personal Finance March 11, 2026
Add A Comment

Leave A Reply Cancel Reply

Demo
Top News

Why Gen Z Workers View Their Current Roles as Just Stepping Stones

April 12, 20262 Views

Wayfair to Open Its First Physical Store in Florida

April 11, 20262 Views

Want to Rent Your Home for World Cup? Airbnb Tracker Estimates Profit

April 11, 20262 Views

Is USPS Raising Prices for First-Class Stamps? Here’s What to Know

April 10, 20262 Views
Don't Miss

More than 100 Southwest Employees to Be Impacted as O’Hare Service Ends

By News RoomApril 10, 2026

USA TODAY Network / ReutersSouthwest Airlines announced that more than 100 employees’ jobs would be…

Here’s How to Qualify for a Payment From a Google Data Settlement

April 9, 2026

20 High-Paying Remote Jobs You Can Get Without a Bachelor’s Degree

April 9, 2026

Ceasefire With Iran Rides on Access to Strait of Hormuz. Why Is the Waterway So Important?

April 8, 2026
Facebook Twitter Instagram Pinterest Dribbble
  • Privacy Policy
  • Terms of use
  • Press Release
  • Advertise
  • Contact
© 2026 FintechoPro. All Rights Reserved.

Type above and press Enter to search. Press Esc to cancel.