States that want to spur broadband in their state would do well to look
at the Virginia Resources Authority. Created in 1984, the VRA helps
municipalities and other public entities to secure funding for
important infrastructure projects. In 25 years, the VRA has helped
create more than $3.1 billion in communities around the state.
In 2009, Joe May of the House of Delegates led an effort to improve broadband access in communities across the state with HB 2665 - creating the Broadband Infrastructure Loan Fund, a revolving loan program modeled on the Virginia Clean Water Revolving Loan Fund.
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