DATE: October 16, 2017
The FCC announced the issuance today of an initial allocation of the TV Broadcaster Relocation Fund in the total amount of $1 billion to begin to reimburse eligible full power and Class A broadcasters and multichannel video programming distributors for their repacking costs. The initial allocation of funds will help stations cover upfront expenditures, equipment down payments, and other charges. As part of the initial allocation, Public television stations will have access to approximately 62% of their estimated and verified repacking costs.