Where is the money for this partnership coming from?

More than half of the funding for RiverStreet Networks' $75 million fiber-to-the-home network is coming from a $39.5 million Virginia Telecommunication Initiative Grant, which was awarded in mid-December, 2021. Pittsylvania County and Pittsylvania County Schools are both contributing a significant portion of the funds received from the American Rescue Plan Act (ARPA) to this project. Pittsylvania County Schools are contributing $5.5 million and Pittsylvania County is contributing an additional $6.5 million. For the remaining $4.5 million, Pittsylvania County is taking out a revenue bond, the payments for which will be covered by the revenue generated through Pittsylvania County’s revenue sharing with RiverStreet Networks.

Pittsylvania County and RiverStreet Networks are committed to pursuing additional funding and grant opportunities that become available. 

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1. Why is Pittsylvania County partnering with RiverStreet Networks instead of another company?
2. Where is the money for this partnership coming from?
3. What is the timeline for this project?
4. What is the definition of broadband?
5. What does unserved mean?
6. What speed of service can I expect at my home?
7. What’s the difference between fiber and fixed wireless or other internet options?