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Quarterly Performance Report of the Virginia Telecommunication Initiative, Q2 FY2026 (January 2026)

Summary

Quarterly Performance Report of the Virginia Telecommunication Initiative (VATI) for Q2 FY2026, submitted by the Department of Housing and Community Development in January 2026. It states that VATI FY22, FY23, and FY24 projects will provide access to broadband infrastructure to 320,402 passings, and that projects have provided broadband access to 182,668 locations to date. Of the $822.8 million in state and federal funding awarded, $432.8 million has been expended, along with $596.8 million of the $1.198 billion in matching funds. It states that 18 out of the 54 open projects are scheduled to be completed on time and that DHCD identifies 36 projects at risk for incompletion or underperformance.

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Cite this document

“Quarterly Performance Report of the Virginia Telecommunication Initiative, Q2 FY2026 (January 2026).” Archived at Pandemic Darlings, https://pandemicdarlings.com/source-documents/2026-rd327-5d3cf612bb/, SHA-256 c03678833a2b854de0bdc80b4048afc5ab9259c9a26921d875e8576bd179b8d3.

Full text

Quarterly Performance Report of the
Virginia Telecommunication Initiative


Q2 FY2026 Report




Submitted by:
The Department of Housing and Community Development
January 2026
                                                  Executive Summary

        Virginia funds broadband deployment within the Commonwealth through several programs. The
    largest and main program is the Virginia Telecommunication Initiative (VATI).

           VATI provides grants to localities partnered with internet service providers to finance the
    deployment of high-speed broadband to locations (called a “passing”) within the Commonwealth
    that are determined to be “unserved.” Passings are places where the internet can be accessed – thus
    it could be a business, community anchor, a home, or an apartment complex. A passing is
    unserved1 if it lacks access to internet speeds of 100 Megabits per second (Mbps) download and
    20 Megabits (Mbps) upload (“100/20”).

           This quarterly report is required by statute and has been prepared by the Office of Broadband
    located within the Virginia Department of Housing and Community Development (DHCD). This
    report tracks the technical performance of the VATI provider partners in their work to deploy
    broadband. This report adheres to the factors that the General Assembly directed to be tracked and
    presents them in the manner directed by the General Assembly.

           Below are the key takeaways from the report. Only open projects are listed in the summary
    tables provided at the end of this report. Completed projects are not listed in these tables; however,
    their total figures are listed in the summary bullets below.

              ● Total passings: VATI FY22, FY23, and FY24 projects will provide access to
                broadband infrastructure to 320,402 passings across Virginia.
              ● Leveraged local and private funding: In addition to $822.8 million in state and federal
                funding awarded, FY22, FY23, and FY24 projects leverage a total of $1.198 billion in
                private and local match funding. To-date, $432.8 million of these awarded funds and
                $596.8 million of these matching funds have been expended.
              ● Locations Built-To: To date, projects have provided broadband access to 182,668
                locations.
              ● Maximum Speeds Available: Over 93.4% of projects funded in FY22, FY23, and FY24
                offer functionally gigabit (1,000 Mbps) download speeds, and over 73.7% offer
                functionally gigabit upload speeds.

           In conclusion, 18 out of the 54 open projects funded from the American Rescue Plan Act of
    2021 (ARPA) and General Funds from FY22, FY23, and FY24 are scheduled to be completed on
    time as of this report’s submission. DHCD identifies 36 projects are at risk for incompletion or
    underperformance. Justification for these delays include the make-ready effort, which includes
    preparing existing electric poles for aerial broadband network construction, as well as supply chain
    and labor markets, streamlining utility locate efforts, railroad crossings, the permitting process to
    lay fiber in state-owned rights of way along roads, and permitting to cross federally owned lands.
    Looking forward, DHCD will continue its ongoing work to monitor these projects, assisting where
    appropriate in mitigating these broadband deployment challenges.



1
 In the FY22 VATI process, the definition of unserved was set at 25/3. This definition of unserved has been upgraded to those
passings lacking access to broadband at speeds of 100/20 for the FY23 VATI process
                                        Formal Report

      Pursuant to Chapter 1 of the Virginia Appropriation Acts of Assembly of the 2021
Special Session II and continued forward in Chapter 725 of the Virginia Appropriation Act of
Assembly of the 2025 Regular Session, enclosed is the Quarterly Performance Report of the
Virginia Telecommunication Initiative (VATI) for Q2 FY2026.

       Item 103 L.6. of the 2024 Appropriation Act of Assembly of the 2025 Regular Session
requires that DHCD deliver a quarterly performance report on funds awarded through the 2021
Acts of Assembly Special Session I (also known as the budget bill) of allocated ARPA funds, as
well as state general funds awarded through the Virginia Telecommunication Initiative since the
aforementioned FY2022 budget cycle.
       Administered by the Virginia Department of Housing and Community Development
(DHCD), VATI enhances the sustainability and growth of communities throughout the
Commonwealth by preparing those communities to build, utilize, and capitalize on broadband
infrastructure. The primary objective of VATI is to provide financial assistance to supplement
construction costs by private sector broadband service providers to extend service to areas that
presently are unserved by any broadband provider. This program requires a public-private
partnership.

      The directive to form this quarterly performance report establishes that:
             To the extent possible, the quarterly performance report shall contain
             information by grant recipient and year on the following metrics: (1) Number of
             passings; (2) Grant dollars expended by fund source (State and Local Recovery
             Fund, Capital Project Fund, general fund state grants and match); (3) Contract
             performance period, and on-time progress towards project delivery; (4)
             Maximum advertised project speeds available; and, (5) Achievement of key
             project milestones. The quarterly report shall be due within 30 days of the close
             of the quarter. The quarterly performance report shall include an evaluation of
             any projects under risk of incompletion or underperformance. The department in
             providing such risk assessment shall include a reason for the project's delay.
       In accordance with this structure, DHCD has included information in this report of the
projects that were awarded funds since December 2021, and includes the projects announced
in the FY2022, FY2023, and FY2024 cycles, including those projects funded under the
Coronavirus State and Local Fiscal Recovery Fund and Coronavirus Capital Projects Funds
allocations under the American Rescue Plan Act of 2021. Project information displayed in this
report reflects monthly report data from December 2025, which reflects project data as of the
end of November 2025.
       Out of the 54 open projects funded in FY22, FY23, and FY24, 36 have requested and
received timeline extensions, and, per DHCD’s analysis, 18 are considered to be at low risk
and 18 are considered to be at high risk. DHCD has established risk definitions specific to
funding year. A summary of these definitions provided in the table below. The definition of
risk category
varies for the FY2022 funding year, as this funding year contained American Rescue Plan Act
funding, which has a statutory expenditure deadline of December 31, 2026.
 Year               Risk Level        Risk Level Definition
                                         •   The grantee has not requested a timeline extension beyond
 FY22               No Risk                  the originally approved contract end date; and,
                                         •   Based on the sole determination of the Office of Broadband,
                                             the grantee is not significantly behind the current approved
                                             milestone timeline; and,
                                         •   The timeline for that project does not have an end date in
                                             2026.
                                         •   The grantee has requested a timeline extension beyond the
 FY22               Low Risk                 originally approved contract end date; or,
                                         •   Based on the sole determination of the Office of Broadband,
                                             the grantee is significantly behind the current approved
                                             milestone timeline and has not yet requested a timeline
                                             extension from the original completion date.
                                         •   The grantee’s contractual end date is in 2026, regardless of
 FY22               High Risk                if that end date reflects the original contractually established
                                             end date or is a result of an extension.

 FY23, FY24         No Risk              •   The grantee has not requested a timeline extension beyond
                                             the originally approved contract end date; and,
                                         •   Based on the sole determination of the Office of Broadband,
                                             the grantee is not significantly behind the current approved
                                             milestone timeline.

 FY23, FY24         Low Risk             •   The grantee has requested a timeline extension beyond the
                                             originally approved contract end date; or,
                                         •   Based on the sole determination of the Office of Broadband,
                                             the grantee is significantly behind the current approved
                                             milestone timeline and has not yet requested a timeline
                                             extension from the original completion date.

 FY23, FY24         High Risk            •   The grantee has requested more than one timeline
                                             extension beyond the originally approved contract end
                                             date.

       DHCD staff continue to closely monitor the continued impact of challenges surrounding
make-ready, which includes preparing existing electric poles for aerial broadband network
construction. Other deployment challenges which are being monitored by DHCD include
supply chain and labor markets, streamlining utility locate efforts, railroad crossings, the
permitting process to lay fiber in state-owned rights of way along roads, and permitting to cross
federally owned lands. DHCD and its local government and internet service provider partners
are continuing to develop innovative solutions to meet these challenges and deliver high-speed
broadband access as quickly as possible for residents in these project areas. The project
summaries included in this report are updated quarterly on the VATI Project Dashboard,
accessible through dhcd.virginia.gov/vati.
                                                                      Q2 FY2026 Quarterly Performance Report for the Virginia Telecommunication Initiative – FY2022 Projects

                                                                                                                                         Award
                                                                                                                                         Funding
                                                                                                                                         Source - (GF,
                                                                                                                                         General Fund                                                                                   Maximum
                                                                                                                                         )(SLFRF,
                                                          Percent                                         Reason for                                                                                                                    Advertised
                                                                                                                                         Coronavirus
                                              Total       Complete                                        a Project’s                    State and                         Percent                                                      Project
                                              Passings    Passings                                        Delay (MR,                     Local Fiscal                      Expended,                                     Percent        Speeds
                                   Passings   Provided    Provided                                        SCL, UL,                       Recovery Fund                     Out of                                        Expended,      Available
                                                                                                                                         )(CPF,
                                   in         Broadband   Broadband                                       RR, ROW,                                        Awarded          Total                                         Out of Total   (Download/
                                                                                                                                         Coronavirus
                Internet Service   Project    Access to   Access to    Agreement     Agreement            FED, OTH,                      Capital          Funding          Awarded     Total Match      Match Funding    Match          Upload
Grantee         Provider Partner   Area       Date        Date         Start Date    End Date      Risk   None)         Award Amount     Projects Fund)   Expended         Funding     Funding          Expended         Funding        Mbps)
                                                                                                   Low
Bedford         ZiTEL                         5,644       100%         06/15/2022    7/1/2025             MR            $11,480,664.98   GF & SLFRF       $11,084,989.42   96.55%      $14,518,564.42   $15,073,730.37   103.82%        1000/1000
                                   5,644                                                           Risk
                                                                                                          MR, UL,
                                                                                                   Low
Bedford         Shentel                       3,395       106%         09/09/2022    12/31/2025           RR, ROW,      $6,191,796.33    GF & SLFRF       $4,497,826.14    72.64%      $13,911,783.67   $9,844,830.10    70.77%         1000/1000
                                   3,204                                                           Risk
                                                                                                          FED
                                                                                                   Low
Botetourt       Lumos Networks                1,901       100%         11/01/2022    9/30/2025            MR            $3,084,796       CPF              $2,776,316.40    90%         $4,824,937       $7,034,801.08    146.8%         1000/1000
                                   1,901                                                           Risk
                                                                                                   Low
Campbell        Shentel                       3,492       100%         09/21/2022    12/31/2025           MR, UL        $6,443,000       GF & SLFRF       $5,618,567.37    87.2%       $12,978,455      $11,320,124.36   87.22%         1000/1000
                                   3,509                                                           Risk
Central
Shenandoah
                                                                                                   High   MR, ROW,
Planning        MGW/ Rob Huff                 1,172       47%          6/1/2022      6/1/2026                           $7,876,800       SLFRF            $4,519,038.71    57.37%      $3,118,706       $2,423,098.70    77.7%          1000/50
                                   2,470                                                           Risk   FED, OTH
District
Commission
Commonwealth                                                                                       High
                Planet Networks               7,359       65%          06/14/2022    6/14/2026            UL, SCL       $15,000,000      GF               $11,957,513.67   79.72%      $13,426,482      $10,911,952.49   81.27%         200/10
RC                                 11,397                                                          Risk
Cumberland                                                                                         High
                Point Broadband               5,183       74%          09/06/2022    6/30/2026            MR            $23,478,429      CPF              $15,585,833.86   66.38%      $6,459,000       $4,287,719.01    66.38%         1000/500
Plateau PDC                        6,982                                                           Risk
Eastern Shore
                                                                                                          OTH-
of Virginia                                                                                        Low
                ESVBA                         9,381       85%          6/1/2022      11/30/2024           customer      $12,310,777.25   SLFRF            $8,236,666.46    67%         $3,314,865.50    $1,836,878.33    55.41%         1000/1000
Broadband                          11,091                                                          Risk
                                                                                                          installs
Authority
                                                                                                   Low
Franklin        Shentel                       3,505       100%         10/17/2022    12/31/2025           MR, UL, RR    $11,832,456      GF & SLFRF       $9,207,139.79    77.81       $18,646,520      $14,510,375.63   77.82%         1000/1000
                                   3,508                                                           Risk
Hampton Roads   Charter                                                                            High
                                              9,781       88%          07/08/2022    6/30/2026            ROW           $21,120,053.50   SLFRF            $9,113,309.34    43.15%      $13,839,523      $6,629,185.94    47.90%         1000/500
PDC             Communications     11,114                                                          Risk
                All Points                                                                         Low
Hanover                                       5,612       91%          8/1/2022      12/31/2025           MR            $13,970,000      SLFRF            $3,631,562.45    26%         $41,469,332      $6,362,226.54    15.34%         1000/1000
                Broadband          6,198                                                           Risk
                All Points                                                                         Low
King William                                  2,236       100%         8/3/2022      3/31/2025            MR            $5,400,000       SLFRF            $4,859,999.93    42%         $12,330,632      $14,828,144.58   120%           1000/1000
                Broadband          2,236                                                           Risk
                Scott County
LENOWISCO                                                                                          Low
                Telephone                     7,352       67%          06/13/2022    12/13/2025           MR, RR        $22,190,500      SLFRF & CPF      $13,881,479.02   62.56%      $6,354,500       $4,344,342.76    68.37%         1000/1000
PDC                                10,982                                                          Risk
                Cooperative
Loudoun         All Points         8,629                                                           High
                                              626         7%           7/1/2022      6/30/2026            MR            $17,524,000      SLFRF            $4,003,000.96    22.84%      $42,376,126      $5,448,166.80    12.86%         1000/1000
County          Broadband          8,629                                                           Risk
Middlesex       All Points                                                                         Low
                                              999         103%         7/22/2022     7/31/2025            MR            $2,050,000       SLFRF            $1,845,000       90%         $8,453,887       $10,184,558.02   120%           1000/1000
County          Broadband          970                                                             Risk
Mount Rogers                                                                                       High   OTH -
                Citizens           4,914      3,786       77%          9/12/2025     6/30/2026                          $7,530,000       CPF              $0               0%          $353,968         $0               0%
PDC                                                                                                Risk   rescope
Mount Rogers                                                                                                 Low
                    Point Broadband                 26,390        117%          06/01/2022     11/30/2025           MR            $58,70,228        CPF            $53,562,446.46    81%          $29,405,277.42     $29,870,642.96     101.58%        1000/500
PDC                                     22,580                                                               Risk
New River
                                                                                                             High
Valley Regional     Gigabeam                        1,460         12%           03/13/2023     3/13/2026            RR            $39,233,355       CPF            $21,622,339.42    55.21%       $38,247,340        $22,404,620.76     58.58%         1000/1000
                                        12,094                                                               Risk
Commission
New River
                    All Points                                                                               High
Valley Regional                                     0             0%            12/06/2022     6/30/2026            MR            $29,122,000       CPF            $5,913,400.39     20.31%       $26,103,057.19     $4,594,339.19      17.6%          1000/1000
                    Broadband           7,872                                                                Risk
Commission
Northern Neck
Planning            All Points                                                                               Low
                                                    3,411         100%          9/22/2022      3/31/2025            MR            $3,190,500        SLFRF          $2,871,450        90%          $20,477,692        $20,477,677.64     99.99%         1000/1000
District            Broadband           3,411                                                                Risk
Commission
Northern
Shenandoah          All Points                                                                               High
                                                    1,588         5%            7/22/2022      6/30/2026            MR            $96,873,500       SLFRF          $23,915,964.28    25%          $206,243,317       $35,823,220.74     17.37%         1000/1000
Valley Regional     Broadband           32,238                                                               Risk
Commission
                                                                                                                    SCL, OTH-
                                                                                                             High
Roanoke             B2X                             45            9%            09/22/2022     4/30/2026            land use      $170,609          GF             $35,295.43        20.69%       $177,572           $40,817.85         22.99%         25/4
                                        520                                                                  Risk
                                                                                                                    agreement
                                                                                                             High
Roanoke             Cox                             250           63%           9/1/2022       4/15/2026            FED           $1,535,264        SLFRF          $0                0%           $1,597,927         $0                 0%             940/35
                                        396                                                                  Risk
                                                                                                             High   OTH-
Roanoke             Comcast                         0             0%            6/13/2025      3/31/2026                          $348,640          SLFRF          $0                0%           $462,880           $0                 0%              1000/1000
                                        48                                                                   Risk   rescoped
Shenandoah
                                                                                                             Low
County Public       Shentel                         4,102         99%           8/1/2022       12/31/2025           MR, UL        $12,176,662       SLFRF          $10,681,257.27    87.72%       $20,733,235        $18,187,005.63     87.72%         1000/1000
                                        4,139                                                                Risk
Schools
                                                                                                                    OTH:
                                                                                                                    Dominion
                    EMPOWER                                                                                  High
Southside PDC                                       10,216        70%           07/22/2022     6/22/2026            mainline      $69,431,635       SLFRF          $51,397,007.99    74.03%       $84,677,555        $62,522,253.85     73.84%         1000/1000
                    Broadband           14,634                                                               Risk
                                                                                                                    behind
                                                                                                                    schedule.
                                                                                                             Low
Sussex              RuralBand                       2,267         100%          06/13/2022     12/13/2025           None          $4,896,892        SLFRF          $4,886,891.99     99.8%        $1,678,571         $1,842,099.40      109.74%        1000/1000
                                        2,267                                                                Risk
Thomas              Firefly                                                                                  High   MR, RR,
                                                    28,424        73%           08/15/2022     6/30/2026                          $84,810,054       SLFRF & CPF    $65,049,841.43    76.7%        $218,753,880       $167,410,459.14    76.53%         1000/1000
Jefferson PDC       Broadband           38,785                                                               Risk   ROW, FED
West Piedmont
                                                                                                             High   OTH -
PDC -               RuralBand                       417           100%          07/03/2022     12/31/2026                         $638,718          SLFRF          $479,418.08       75.06%       $50,570            $50,570.01         100%           1000/1000
                                        417                                                                  Risk   rescope
Dinwiddie
West Piedmont                                                                                                       SCL, RR,
                    RiverStreet                                                                              High
PDC -                                               0             0%            06/20/2022     6/30/2026            ROW, OTH      $6,893,337        SLFRF          $640,372.25       9.29%        $18,974,275        $1,768,161.12      9.32%          1000/107300
                    Networks            5,009                                                                Risk
Dinwiddie                                                                                                           - rescope
West Piedmont       RiverStreet                                                                              High
                                                    8,321         34%           08/03/2022     6/30/2026            RR, ROW       $87,003,888       SLFRF          $36,748,017.38    42.24%       $65,421,341        $35,311,495.48     53.98%         1000/1000
PDC (East)          Networks            24,641                                                               Risk
West Piedmont       RiverStreet                                                                              High
                                                    33            0%            09/30/2022     6/30/2026            FED, ROW      $33,571,073       CPF            $1,679,953.70     5%           $59,425,085        $3,124,052.93      5.26%          1000/1000
PDC (West)          Networks            10,056                                                               Risk

                                                                          *Data as of December 2025 Monthly Project Reports, which reflect project statistics through the end of November.

         Abbreviations for Reasons for Project’s Delay: MR – Make Ready, SCL – Supply Chain and Labor, UL – Utility Locates, RR – Railroad, ROW – Right of Way Permitting along State Roads, FED – Federal Land Permitting Challenges, OTH – Other (Described)
                                                               Q2 FY2026 Quarterly Performance Report for the Virginia Telecommunication Initiative – FY2023 Projects
                                                                                                                                         Award
                                                                                                                                         Funding
                                                                                                                                         Source -
                                                                                                                                         (GF, General
                                                                                                                                         Fund
                                                                                                                                         )(SLFRF,                                                                             Maximum
                                                  Percent                                                  Reason for                    Coronavirus
                                                                                                                                                                                                                              Advertised
                                        Total     Complete                                                 a Project’s                   State and
                                                                                                                                         Local Fiscal                 Percent                                     Percent     Project
                                        Passings  Passings                                                 Delay (MR,                                                 Expended                                    Expended,   Speeds
                                                                                                                                         Recovery
                 Internet      Passings Provided  Provided                                                 SCL, UL,                      Fund )(CPF,                  , Out of                                    Out of      Available
                 Service       in       Broadband Broadband                     Current                    RR, ROW,                      Coronavirus
                                                                                                                                                        Awarded       Total                                       Total       (Download/
                                                                                                                                         Capital
                 Provider      Project  Access to Access to Agreement           Contract                   FED, OTH,                     Projects       Funding       Awarded    Total Match      Match Funding   Match       Upload
Grantee          Partner       Area     Date      Date      Start Date          End Date      Risk         None)       Award Amount      Fund)          Expended      Funding    Funding          Expended        Funding     Mbps)

Bedford          Shentel               565          100%          4/1/2024      12/31/2025    Low Risk     MR           $1,373,161.74 GF                $416,862.28   30.36%     $3,204,044.05    $972,678.68     30.36%      1000/1000
                               565
Caroline                                                                                      Not at
                 Breezeline            1137         29%           10/23/2024    10/23/2026                 None         $6,446,000       GF             $2,158,520.41 33.49%     $15,247,000      $5,672,934.25 37.21%        1000/600
County                         3,910                                                          Risk
Chesterfield     All Points                                                                   Not at
                                       0            0%            12/1/2023     11/30/2026                 None         $755,523         GF             $0            0%         $12,494,553.22   $0              0%          1000/1000
County           Broadband     494                                                            Risk
Essex                                                                                         Not at
                 Breezeline            1,061        30%           09/06/2023    9/6/2026                   MR           $8,753,009       GF             $2,209,879.94 25.25%     $19,113,941      $5,361,904.06 28.05%        1000/600
County                         3,526                                                          Risk
Floyd                                                                                                      OTH -
                 Citizens              666          100%          05/30/2023    8/18/2025     Low Risk                  $1,339,387       GF             $1,329,387    99.25%     $827,173         $853,395.03     103.17%     1000/500
County                         666                                                                         rescoped
Henrico          All Points                                                                   Not at
                                       0            0%            12/1/2023     6/30/2026                  None         $501,620         GF             $0            0%         $6,027,280.42    $0              0%          1000/1000
County           Broadband     412                                                            Risk
Orange
                 FiberLync             467          81%           10/31/2023    6/5/2025      Low Risk     ROW          $2,181,000       GF             $2,171,000    99.54%     $8,391,058       $8,661,459.13 103.22%       1000/1000
County                         576
Shenandoah
County
                 Shentel               2,371        97%           9/26/2023     12/31/2025    Low Risk     MR           $4,936,968       GF             $4,209,158.57 85.26%     $9,168,655       $7,817,008.60 85.26%        1000/1000
Public                         2,440
Schools
Southside        EMPOWER                                                                      Not at
                                       1,899        40%           9/26/2023     9/26/2026                  None         $8,556,028.84 GF                $2,242,534.86 26.21%     $21,677,288.16   $5,527,750.03 25.5%         1000/1000
PDC              Broadband     4,804                                                          Risk
West
                 RiverStreet                                                                  Not at
Piedmont                               1,214        36%           11/6/2023     11/6/2026                  None         $8,155,864       GF             $5,318,280.48 65.21%     $5,205,136       $3,424,390.65 65.79%        1000/1000
                 Networks      3,356                                                          Risk
PDC (East)
West
Piedmont         RiverStreet                                                                  Not at
                                       855          41%           10/5/2023     10/5/2026                  None         $3,548,250       GF             $2,844,644.95 80.17%     $1,856,750       $1,499,659.20 80.77%        1000/1000
PDC              Networks      2,102                                                          Risk
(Pittsylvania)
West
                 RiverStreet                                                                  Not at
Piedmont                               7            0.2%          2/28/2024     2/28/2026                  None         $8,013,600       GF             $56,553.90    .071%      $5,386,400       $17,149.89      0.32%       1000/1000
                 Networks      4,526                                                          Risk
PDC (West)
                                                          *Data as of December 2025 Monthly Project Reports, which reflect project statistics through the end of November.
Abbreviations for Reasons for Project’s Delay: MR – Make Ready, SCL – Supply Chain and Labor, UL – Utility Locates, RR – Railroad, ROW – Right of Way Permitting along State Roads, FED – Federal Land Permitting Challenges, OTH – Other
                                                                                                               (Described)
                                                                Q2 FY2026 Quarterly Performance Report for the Virginia Telecommunication Initiative – FY2024 Projects
                                                                                                                                     Award
                                                                                                                                     Funding
                                                                                                                                     Source - (GF,
                                                                                                                                     General
                                                                                                                                     Fund
                                                                                                                                     )(SLFRF,
                                                                                                                                     Coronavirus                                                                               Maximum
                                                    Percent                                           Reason for                     State and                                                                                 Advertised
                                       Total        Complete                                          a Project’s                    Local Fiscal
                                                                                                                                                                   Percent                                        Percent      Project
                                       Passings     Passings                                          Delay (MR,                     Recovery
                                                                                                                                                                   Expended,                                      Expended,    Speeds
             Internet      Passings    Provided     Provided                                          SCL, UL,                       Fund )(CPF,
                                                                                                                                     Coronavirus                   Out of                                         Out of       Available
             Service       in          Broadband    Broadband                   Current               RR, ROW,                       Capital         Awarded       Total                                          Total        (Download/
             Provider      Project     Access to    Access to     Agreement     Contract              FED, OTH,                      Projects        Funding       Awarded      Total Match      Match Funding    Match        Upload
Grantee      Partner       Area        Date         Date          Start Date    End Date     Risk     None)          Award Amount    Fund)           Expended      Funding       Funding           Expended       Funding      Mbps)
Thomas                                                                                       Not
Jefferson    Firefly         5,825         146          3%       11/1/2024     12/31/2026 at         None            $12,208,500      GF            $1,589,205      13.02%       $36,427,182       $4,514,744.26 12.39%         1000/1000
PDC                                                                                          Risk
                                                                                             Not
Southside
             Empower         3,757        2547         68%       11/13/2024 6/30/2027        at      None            $3,353,579       GF            $52,000         1.55%        $3,153,579        $0              0%           1000/1000
PDC
                                                                                             Risk
                                                                                             Not
Giles                                                                                                                                                                                              $72,669.79
             PemTel           629            0          0%       1/21/2025     1/21/2027     at      None            $4,199,596       GF            $246,625.65     5.87%        $1,343,604                        5.41%        1000/1000
County
                                                                                             Risk
                                                                                             Not
Franklin
             ZiTEL           2,543         236          9%       1/21/2025     1/21/2026     at      None            $4,538,288       GF            $2,078,897.96 45.81%         $7,737,355        $3,932,153.40 50.82%         1000/1000
County
                                                                                             Risk
                                                                                             Not
Carroll
             ZiTEL           2,214           0          0%       7/10/2025     7/10/2027     at      None            $10,199,624      GF            $2,917,829.55 28.61          $7,694,453        $2,475,744.08 32.18%         1000/1000
County
                                                                                             Risk
                                                                                             Not
Rockbridge
             BARC             293           11          4%       11/4/2024     11/4/2026     at      None            $1,197,320       GF            $0              0%           $1,653,443        $0              0%           1000/1000
BARC
                                                                                             Risk
                                                                                             Not
Rockbridge Brightspeed        976           23          2%       4/10/2025     5/7/2027      at      None            $975,865         GF            $0              0%           $3,901,517        $0              0%           1000/1000
                                                                                             Risk
                                                                                             Not
Alleghany                                                                                                                                                                                                                       1000 /
             CBEC             370            0          0%       11/21/2024 6/13/2026        at      None            $2,332,353       GF            $1,252,955.60 53.72%         $1,019,580        $537,242.20     52.69%
County                                                                                                                                                                                                                          1000
                                                                                             Risk
                                                                                             Not
Orange
             FiberLync        546          227         42%       8/8/2024      8/8/2026      at      None            $2,138,416       GF            $947,430.42     44.31%       $3,155,780        $2,805,456.11 88.9%          1000/1000
County
                                                                                             Risk
                                                                                             Not
                                                                                                                                                                                                                                1000 /
Botetourt    Comcast           62            0          0%       12/12/2024 12/12/2026 at            None            $395,411         GF            $0              0%           $232,225          $0              0%
                                                                                                                                                                                                                                1000
                                                                                             Risk
                                                           *Data as of December 2025 Monthly Project Reports, which reflect project statistics through the end of November.
 Abbreviations for Reasons for Project’s Delay: MR – Make Ready, SCL – Supply Chain and Labor, UL – Utility Locates, RR – Railroad, ROW – Right of Way Permitting along State Roads, FED – Federal Land Permitting Challenges, OTH – Other
                                                                                                                (Described)


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