As of April 16, 2024, almost 45% of the total FY2024 funding requests (FRNs) filed by applicants nationwide are reported to be in “wave ready” status, with another 19% in various stages of active review.
In total, nearly $770 million in requested funds are reported to be wave ready. Last year, USAC issued the first funding wave of FY2023 on April 29, 2023, making almost $1.04 billion in funding commitments in Wave 001.
