15-Oct-2019BARC Receives $1M from Appalachian Regional Commission To Expand Broadband Network
For Immediate Release
Contact: Tish Blackwell, 800-846-2272 (email@example.com)
Lexington, VA – On October 7th, BARC Electric Cooperative was awarded $1M by the Appalachian Regional Commission (ARC) to assist with funding for deployment of gigabit last-mile Fiber-to-the-premise (Fttp) to residences and businesses in and around the greater area of Goshen, Virginia in Rockbridge County. BARC’s grant submission was selected through a competitive grant award process spanning 420 jurisdictions in 13 states.
“Access to high-speed internet is the foundation for vibrant communities creating opportunities for economic growth, education, and technology advancements. BARC is committed to bringing reliable broadband services to our entire rural community,” said BARC CEO Michael Keyser.
The awarded funds will be used towards fiber construction costs in Rockbridge County in and around the Town of Goshen. The project will take approximately 12 to 16 months for completion from the start date in order to install services to eligible consumers in the area. The Virginia Department of Housing and Community Development (DHCD) will oversee the project and ensure all criteria is met as outlined in the ARC award agreement.
ARC’s announcement of BARC’s grant award is one of 54 investments totaling $44.4 million through ARC’s POWER (Partnerships for Opportunity and Workforce and Economic Revitalization) initiative. BARC worked with the Rockbridge County Government, the Rockbridge County Economic Development Authority, and the Town of Goshen on the grant application. The Central Shenandoah Planning District Commission (CSPDC) will be the administrating agent for this grant.
“I congratulate BARC for being a FY 2019 POWER grantee, and commend them on the leadership they have shown in their community,” said ARC Federal Co-Chairman Tim Thomas. “POWER grants are playing a critical role as they diversify economies, invest in growth-oriented infrastructure, train a next-generation workforce, and ingrain resiliency and hope into their local fabric. Projects like this help ensure a prosperous future for Appalachia.”
About BARC BARC Electric Cooperative is a customer-owned electric cooperative serving 13,000 residents, farms and businesses across five counties in Virginia. To continue to serve and meet the needs of its members, BARC constructed the first community solar garden in the Commonwealth and provides high-speed Internet, telephone and television service through BARC Connects, its wholly-owned fiber-to-the-home subsidiary. This institution is an equal opportunity provider and employer. To learn more about all the exciting things happening at BARC, visit www.barcelectric.com and www.barcconnects.net.
About the Appalachian Regional Commission The Appalachian Regional Commission (www.arc.gov) is an economic development agency of the federal government and 13 state governments focusing on 420 counties across the Appalachian Region. ARC’s mission is to innovate, partner, and invest to build community capacity and strengthen economic growth in Appalachia to help the Region achieve socioeconomic parity with the nation.