FCC Makes Funds Available to Reimburse Eligible LPTV/Translator Stations For Displacement Facility Costs
During these uncertain times when local TV broadcasters are reporting that they are facing financial challenges arising from the coronavirus (COVID-19) pandemic and yet still playing a vital role in making critical healthcare information available to their viewers, we thought it appropriate to provide an update on the status of the post-Incentive Auction transition. We are pleased to share the good news that we today announced an initial allocation of over $87 million from the TV Broadcaster Relocation Fund for low power television (LPTV) and TV translator (together LPTV/Translator) stations. This allocation enables us to begin reimbursing approved invoices submitted by eligible LPTV/Translator stations displaced by the Incentive Auction for costs they have incurred related to the construction of new or modified facilities.