Notice of Funding Availability - Rural Energy for America Program

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The United States Department of Agriculture recently issued a Notice of Funding Availability for the acceptance of applications under the Rural Energy for America Program (REAP) for fiscal year 2012.  The program will make available $12.5 million in grant funds and $48.5 million in guaranteed loan funds in order to provide financial assistance as follows:

  • grants, guaranteed loans and combined grants and guaranteed loans for the development and construction of renewable energy systems and for energy efficiency improvement projects;
  • grants for conducting energy audits;
  • grants for conducting renewable energy development assistance; and
  • grants for conducting renewable energy system feasibility studies.

Depending on the project, applications are due as early as February 21, 2012.  Are you an agricultural producer or rural small business that is eligible for financing under this program?

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