Congressman Lujan Seeks Backing For Broadband Bill

Rep. Ben Ray Luján (D-N.M.) is hoping to introduce his Broadband Infrastructure Finance Innovation Act next week, a staffer with knowledge of the bill confirmed to John. The proposed legislation “would make low-interest financing available to public-private partnerships to help deploy broadband,” which would “enjoy the flexibility to apply for secured loans, lines of credit, or loan guarantees,” Lujan said in a letter to other lawmakers seeking co-sponsors. “The bill also includes provisions to ensure the Federal Government takes on little risk and provides a streamlined application process for smaller projects,” the letter states.

Source: Politico Morning Tech

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