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A Look at First Funding Waves

This week, USAC announced that the first funding wave for Funding Year 2013 will be released on May 29, 76 days from the close of the FY2013 filing window.  Using the filing window close date as a baseline, this would make the wave of FY2013 the third fastest first funding wave in program history:


While the planned first wave is faster than in prior years, the projected committed amount of $130 million is significantly lower than in the past three years, and lower than the historical average of $244 million:


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