Advanced Biofuel Production Grants and Loan Guarantees
The Biorefinery Assistance Program (Section 9003) provides loan guarantees for the development, construction, and retrofitting of commercial-scale biorefineries that produce advanced biofuels. Grants for demonstration scale biorefineries are also available. Advanced biofuel is defined as fuel derived from renewable biomass other than corn kernel starch. Eligible applicants include, but are not limited to, individuals, state or local governments, farm cooperatives, national laboratories, institutions of higher education, and rural electric cooperatives. The maximum loan guarantee is $250 million and the maximum grant funding is 50% of project costs. For more information, including current funding application deadlines, see the Biorefinery Assistance Program website.
(Reference 7 U.S. Code 8103 and Public Law 112-240)
Point of Contact
Office of Rural Development, Business and Cooperative Programs
U.S. Department of Agriculture
Phone: (202) 690-4730
https://www.rd.usda.gov/
Jurisdiction: Federal
Type: Incentives
Agency: U.S. Department of Agriculture
Enacted: Jun 18, 2008
Amended: Jan 2, 2013
Technologies: Biodiesel, Ethanol, Renewable Diesel
See all Federal Laws and Incentives.