Section 2705 - Grant awards generally(a)General rule.--Grant awards shall be at the discretion of the authority and shall be limited to amounts annually allocated to the authority for the program.(b)Eligible entities.--A nongovernmental entity with the technical, managerial and financial expertise to design, build and operate a high-speed broadband service infrastructure within this Commonwealth is eligible to receive grant funding for the deployment of high-speed broadband service infrastructure. The nongovernmental entity must commit to using a minimum of 25% of the entity's private capital to finance a proposed project.(c) Other funding sources.--Federal, State or local government grants, loans or subsidies received by a nongovernmental entity to finance a project shall not be counted toward the capital investment requirement under subsection (b). In addition to any grant award under the program, a nongovernmental entity may use funds from a Federal, State or local government grant or loan program to finance a proposed project as long as the nongovernmental entity satisfies the capital investment requirement under subsection (b).(d) Ineligible projects.--Projects that result in overbuild or are proposed to be managed or operated by a Federal, State or local government entity are ineligible to receive grant funding for the deployment of high-speed broadband service infrastructure.Added by P.L. TBD 2020 No. 132, § 5, eff. 11/25/2020.