Loading...
HomeMy WebLinkAbout02-09-23 Correspondence - USDA - USDA Rural Energy for America Program (REAP) Application Deadline ApproachingFrom:USDA Rural Development Montana To:Agenda Subject:USDA Rural Energy for America Program (REAP) Application Deadline Approaching Date:Thursday, February 9, 2023 10:18:18 AM CAUTION: This email originated from outside of the organization. Do not click links or open attachments unless you recognize the sender and know the content is safe. REAP Application Deadline USDA Rural Energy for America Program (REAP) Application Deadline Approaching DEADLINE TO APPLY IS MARCH 31, 2023 USDA is making $300 million available under the Rural Energy for America Program (REAP) to expand renewable energy and support energy-efficiency projects for people living in rural America. This funding includes $250 million provided by the Biden-Harris Administration’s historic legislative package known as the Inflation Reduction Act. USDA Rural Development is in a unique position to make climate-smart investments in rural infrastructure. The Inflation Reduction Act represents the largest ever federal investment in clean energy for the future. This historic funding will strengthen our energy security, create good-paying jobs, and save Americans money on their energy costs. USDA is seeking applications for Fiscal Year 2023 funding. Two significant changes to this additional funding include an increase in the maximum Federal grant share from 25% to 40% of total project cost and an increase of maximum grant amounts from $250,000 to $500,000 for energy efficiency projects and an increase from $500,000 to $1,000,000 for renewable energy systems. Projects in underserved areas are prioritized for funding under this notice. Interested applicants may contact USDA Rural Development in Montana State Energy Coordinator Kathy Archer at kathy.archer@usda.gov to discuss your project and ask any questions about the REAP program or the application process. Agricultural producers and rural small businesses are eligible applicants for loan guarantees and grants to develop renewable energy systems and to make energy efficiency improvements. State and local governments, Federally recognized Tribes, land-grant colleges or universities or other institutions of higher education, rural electric cooperatives, public power entities, and Resource Conservation & Development Councils (as defined in 16 USC §3451) are eligible applicants for grants to conduct energy audits and provide development assistance. Questions? Contact Us STAY CONNECTED: USDA is an equal opportunity provider, employer, and lender. SUBSCRIBER SERVICES: Manage Preferences | Help This electronic message contains information generated by the USDA solely for the intended recipients. Any unauthorized interception of this message or the use or disclosure of the information it contains may violate the law and subject the violator to civil or criminal penalties. If you believe you have received this message in error, please notify the sender and delete the email immediately. This email was sent to agenda@bozeman.net by USDA Rural Development · 1400 Independence Ave SW · Washington DC 20250· 800-670-6553