On Monday, May 5, 2014, the United States Department of Agriculture (USDA) announced that it will begin accepting new applications for grants and loans under the Rural Energy for America Program (REAP) for fiscal year 2014. Authorized by the Agricultural Act of 2014 (2014 Farm Bill), REAP provides funding for agricultural producers and rural small businesses for the development and construction of renewable energy systems and energy efficiency improvement projects.
REAP provides grants, loans, and combination grant-loan awards on a competitive basis. The scope of energy-related projects that REAP can support is also fairly broad, from energy audits to energy project development and installations. In 2014, the agency is expected to provide at least $12.38 million in grant awards and up to $58.7 million in guaranteed loan awards.
Please see full alert below for more information.
Firefox recommends the PDF Plugin for Mac OS X for viewing PDF documents in your browser.
We can also show you Legal Updates using the Google Viewer; however, you will need to be logged into Google Docs to view them.
Please choose one of the above to proceed!
LOADING PDF: If there are any problems, click here to download the file.
Topics: Construction Loans, Energy, Energy Projects, Farm Bill, Farm Loans, Federal Grants, Government-Guaranteed Loans, Grants, Loans, REAP, Renewable Energy, Small Business, Sustainable Projects, USDA
Published In: Energy & Utilities Updates, Environmental Updates, Finance & Banking Updates, Government Contracting Updates
DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.
© Wilson Sonsini Goodrich & Rosati | Attorney Advertising