§ 6123. Grant awards generally.

329 words·~1 min read·/pa/title-64/chapter-61/6123

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

(a)Authorization.-- The authority shall award grants under one or more programs established by the authority to fund projects, and the amount of the grants shall be limited to the money available to the authority. The authority shall aim to disburse all money available before dissolution under section 6111(d) (relating to authority).

(b)Eligible entity.-- The following shall apply:

(1)For projects related to high-speed broadband service infrastructure, an applicant with the technical, managerial and financial expertise to design, build and operate high-speed broadband service infrastructure within this Commonwealth shall be eligible to apply for a grant from the authority for the development and deployment of the high-speed broadband service infrastructure. In order to qualify for a grant from the authority, the applicant shall commit to investing a minimum amount of the entity's capital to finance a proposed high-speed broadband service infrastructure project as determined by the authority in accordance with Federal law or guidance.

(2)For all other projects, eligible entities and minimum investment requirements shall be determined by the authority in accordance with Federal law or guidance.

(c)Other funding sources.-- A Federal, State or local government grant, loan or subsidy received by an applicant to finance a proposed project shall not be counted toward the capital investment requirement under subsection

(b)unless otherwise determined by the authority. An applicant may use a Federal, State or local government grant, loan or subsidy to finance a proposed project under subsection

(b)if the entity satisfies the capital investment requirement under subsection (b).

(d)Ineligible projects.-- Proposed projects that will result in overbuild in which less than 80 percent of broadband-serviceable locations served by the proposed project are unserved or underserved or are to be managed or operated by a Federal or State entity shall be ineligible to receive a grant from the authority under this section.

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Cross References. Section 6123 is referred to in sections 6102, 6114, 6124 of this title.

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