Alternative Fuel Loan Program
The Iowa Values Fund assists with infrastructure development for E85 retail sites and biodiesel off-site terminal locations. The Iowa Renewable Fuels Association, through a management agreement with the Iowa Department of Economic Development, manages the loan program, which provides funding on a cost-share basis to cover equipment upgrades and new installations for E85 retail sites and on-site or off-site biodiesel terminal locations. The Legislature awarded $325,000 annually for three years. Applicants are eligible to apply if the upgrade or new installation took place or begins after July 1, 2005.
Type: State Incentives
See all Iowa Laws and Incentives.