Ethanol Infrastructure Grants and Loan Guarantees
The Rural Energy for America Program (REAP) provides loan guarantees and grants to agricultural producers and rural small businesses to purchase renewable energy systems or make energy efficiency improvements. Eligible renewable energy systems include flexible fuel pumps, or blender pumps, that dispense intermediate ethanol blends. The maximum loan guarantee is $25 million and the maximum grant funding is 25% of project costs. At least 20% of the grant funds awarded must be for grants of $20,000 or less. This program's funding is subject to congressional appropriations. For more information, see the REAP website. (Reference Public Laws 113-79 and 112-240, and 7 U.S. Code 8107)
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: Apr 8, 2011
Amended: Feb 7, 2014
Technologies: Ethanol
See all Federal Laws and Incentives.