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  "description": "Recipients can request a six-month extension after citing permitting delays, material shortages, and weather disruptions.\n",
  "path": "/treasury-extends-capital-projects-fund-deadline-for-broadband-builds/",
  "publishedAt": "2026-05-14T20:45:37.000Z",
  "site": "https://broadbandbreakfast.com",
  "tags": [
    "in a release",
    "winding down CPF"
  ],
  "textContent": "WASHINGTON, May 14, 2026 - The Treasury Department is allowing recipients of a $10 billion pandemic-era broadband program to request a six-month extension for projects facing construction delays.\n\nRecipients of the Capital Projects Fund can now seek extensions through June 30, 2027, instead of the previous Dec. 31, 2026 deadline. Extension requests must be submitted by July 31.\n\nThe decision follows a March request from the National Rural Electric Cooperative Association seeking a one-year blanket extension for CPF recipients and sub-recipients. The group cited permitting delays, slow state-level rollouts, material shortages, and natural disasters disrupting construction timelines.\n\n“Treasury’s decision will give co-ops relying on these funds more certainty as they work to deliver affordable, high-speed broadband to unserved rural communities,” said **Louis Finkel** , senior vice president of government relations at the NRECA, in a release.\n\nCongress created the CPF through the 2021 American Rescue Plan Act to support broadband and other infrastructure projects tied to remote work, education, and health care access during and after the COVID-19 pandemic.\n\nBroadband projects funded through CPF are expected to reach more than two million locations nationwide, particularly in rural areas, Tribal communities, and low and moderate income areas lacking reliable broadband access, according to the Treasury.\n\nThe agency describes CPF broadband builds as deployments designed to deliver symmetrical speeds of at least 100 Megabits per second.\n\nNRECA said the program has provided $878 million to 78 electric cooperatives across 26 states, supporting broadband deployment to more than 200,000 unserved locations.\n\nThe extension comes as the Treasury begins winding down CPF ahead of its scheduled expiration later this year. An internal Treasury communication reviewed by _Broadband Breakfast_ said new CPF program plans must be submitted by May 21, 2026, and that Treasury would stop approving amendments to existing funding allocations after July 2026.\n\nSeveral cooperatives said the additional time would help projects facing construction and permitting delays.\n\nCalifornia-based Plumas Sierra Rural Electric Cooperative and Plumas Sierra Telecommunications, which received $67 million for four middle-mile broadband projects, said the extension would help continue fiber construction in remote Sierra Nevada communities.\n\nIllinois-based JCE Co-op and Shelby Electric Cooperative also backed the extension. Permitting issues, winter weather, construction schedules, and material lead times affected more than 1,700 miles of planned fiber deployment reaching nearly 10,000 homes, farms, and businesses.\n\n“NRECA Broadband’s guidance has been invaluable,” said **Jesse Shekleton** , director of operations and broadband general manager at JCE Co-op, and **Josh Shallenberger** , president and CEO of Shelby Electric Cooperative, in a joint statement.",
  "title": "Treasury Extends Capital Projects Fund Deadline for Broadband Builds",
  "updatedAt": "2026-05-21T21:47:21.920Z"
}