The project is called WhipCity Fiber, which was organized by a consortium of 40 towns around Springfield, Massachusetts.
They had a fiber optic line pulled into town and hired a private contractor to connect each house.
A small town of around 800 people was able to spend around $2 million (they borrowed $1.4 million)
Their goal is to offer every home gigabit-speed internet service for $100/month.
They also formed a "Municipal Light Board" to help the citizens establish the direction for utility, controlling through policy statements, reviewing programs and budgets.
Learn More:
Whip City Fiber Lets Area Residents Own Their Internet Provider
Whip City Fiber in the Hilltowns