As of April 21, 2023, almost half of the total FY2023 funding requests (FRNs) filed by applicants nationwide are reported to be in “wave ready” status, with another 22% in various stages of active review.
In total, more than $913 million in requested funds are reported to be wave ready. USAC issued the first funding wave of FY2022 on April 22, 2022, making almost $1.19 billion in funding commitments in Wave 001.
