ERF Wireless, Inc. (ERFB)

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a little closer....


Under the Trump plan being shaped, the largest share of the federal money - $100 billion - is expected to go toward cost-sharing projects with local governments, similar to grants, a senior administration official said.

The goal would be to reduce the ratio of federal funding, which often now is 80 percent, by awarding funds only to projects that are able to provide more local funding or leverage private investment, said a business lobbyist familiar with the discussion.

Some $50 billion would be earmarked for rural projects, the lobbyist and an administration official said. Those funds would help governors on projects like roads, broadband access and replacing aging lead pipes. Including a pool for rural infrastructure could also reduce concerns among some Republican senators who fear rural areas may be unable to attract private investments.

Twenty-five billion dollars would go toward existing federal infrastructure loan programs that seek to spur private investment, the lobbyist said.