What steps should I follow to obtain an FM license from the FCC?

A friend suggested to apply for an FM license to broadcast from a home operated radio station. I could fill a needed niche but I don't know how much money I need and what steps should I follow to make everything legit.

Burf5 years ago
iceng5 years ago
Art Bell now in the East
blkhawk (author)  iceng5 years ago
I'm not into the paranormal. Although a talk show about current issues and stories in the morning would be different.