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STAKEHOLDER ANNOUNCEMENT USDA Seeks Applications for Loans to Develop Biofuels, Renewable Chemicals and Biobased Products

Name
Vicki Schurman
City
Washington
Release Date

U.S. Department of Agriculture (USDA) Deputy Under Secretary for Rural Development Donald “DJ” LaVoy today announced the Department is accepting applications for loan guarantees to develop, construct and retrofit commercial scale biorefineries to develop advanced biofuels, renewable chemicals, or biobased products.

 

USDA is making the funding available through the Biorefinery, Renewable Chemical, and Biobased Product Manufacturing Assistance Program.

 

USDA encourages applications that will support recommendations made in the Report to the President of the United States from the Task Force on Agriculture and Rural Prosperity (PDF, 5.4 MB). Applicants are encouraged to consider projects that provide measurable results in helping rural communities build robust and sustainable economies through strategic investments in infrastructure, partnerships, and innovation. Key strategies include:

• Achieving e-Connectivity for Rural America

• Developing the Rural Economy

• Harnessing Technological Innovation

• Supporting a Rural Workforce

• Improving Quality of Life

 

Applications must be received in the USDA’s Energy Programs division no later than 4:30 p.m. Eastern Daylight Time, April 1, 2020.

 For additional information and for application details, see page 55315 of the October 15 Federal Register.