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9007 Rural Energy for America (REAP) Rural small businesses Agricultural producers 1.To purchase & install Renewable Energy Systems, 2.Energy Efficiency.

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Presentation on theme: "9007 Rural Energy for America (REAP) Rural small businesses Agricultural producers 1.To purchase & install Renewable Energy Systems, 2.Energy Efficiency."— Presentation transcript:

1 9007 Rural Energy for America (REAP) Rural small businesses Agricultural producers 1.To purchase & install Renewable Energy Systems, 2.Energy Efficiency Improvements, and 3.New! Grants for stand alone feasibility studies. 4. New! – Grants for energy audit and renewable energy development assistance

2 Types of Financial Assistance Grant Only for up to 25% of total eligible costs RE $2500/$500K – EE $1500/$250K Guaranteed Loan Only for up to 75% of total eligible costs $5000 min/$25M max Combination Grant and Guaranteed Loan for up to 75% of total eligible costs Grants for up to 25% of total eligible costs are available for a stand alone feasibility study

3 Other pieces of the Farm Bill Energy Title 9003 – Biorefinery assistance Repowering Assistance Bioenergy Program for Advanced Biofuels Biomass Research and Dev – Rural Energy Self-Sufficiency Initiative 9011 – Biomass Crop Assistance Program 9012 – Forest Biomass for Energy 9013 – Community Wood Energy Program

4 Value Added Producer Grants (VAPG) Community Facility Program (CF) Grants, Loans, Guaranteed Loans Rural Economic Development Loans (REDL) Guaranteed Business & Industry Loans 4 Revolving Loan Funds RMAP, RBEG, REDG, IRP

5 USDA Rural Development – Iowa Business Programs – under 50,000 population Community Facility Programs – under 20,000 population Iowa Falls Waverly Tipton Mt. Pleasant Albia Indianola Atlantic LeMars Storm Lake Humboldt


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