Tell me more about this. I've yet to find a good summary! It happens here in California with PG&E with fire prevention money and infrastructure money; the executives declare victory early having spent a fraction of the allocated funds and then give themselves bonuses with the rest, for being such great managers. Then we get gigantic town-destroying wildfires that destroy people's lives.
The Biden program learned from that lesson to ensure that money was only delivered for performance rather than promises or rules-lawyering. See parent comment about Frontier actually laying fiber. But Trump had to kill it -- the GOP narrative about subsidy programs always being a waste would be disrupted if an effective program was in place.