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March 26, 2006

ISSUE 1159

USDA ENERGY FUNDS AVAILABLE

USDA announced March 21 the availability of $176.5 million in loan guarantees and $11.4 million in grants to support investments in renewable energy and energy efficiency improvements by agricultural producers and small businesses. The loan and grant program was established under Section 9006 of the 2002 Farm Bill.

Applications for grants must be completed and submitted to the appropriate USDA Rural Development state office and postmarked no later than May 18. The deadline for submitting loan applications as well as for loan and grant combinations is July 2.

For more information, refer to the announcement in the March 22 Federal Register or contact any state Rural Development office. Further information on rural programs is available at a local USDA Rural Development office or by visiting USDA's web site at http://www.rurdev.usda.gov.

 
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