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San Jose Fund Set to Pay Out First Round of Broadband Grants

Source: GovTech.com

The San Jose Digital Inclusion Fund in California was established about a year ago as a mechanism for closing the digital divide in this largely affluent Bay Area city, part of Silicon Valley. The program is expected to generate about $24 million over 10 years by collecting lease revenue from telecommunications companies as they attach 4G and 5G small cell communications infrastructure to city assets such as streetlights and city-owned buildings.