$13 million in loans and grants for 233 renewable energy projects

by S. C.

Agriculture Secretary Tom Vilsack announced that the department is providing more than $13 million in loans and grants for 233 renewable energy projects in 38 states under the Rural Energy for America Program (REAP). Dallas Tonsager, Under Secretary for Rural Development, made the announcement on behalf of Vilsack during a speech at the Farm Progress Show.

"Under President Obama's leadership, USDA is working to increase the availability of renewable energy, which not only will reduce our dependence on foreign oil, but also strengthen our national economy," Vilsack said. "The funding announced today will help expand renewable energy in America, which is a key part of the nation's long-term strategy for continued economic prosperity and energy independence."

The loan guarantees and grants can be used for renewable energy systems, energy efficiency improvements, feasibility studies and energy audits. These funds are not part of the American Recovery and Reinvestment Act. For more information on the REAP program, which is authorized under the 2008 Farm Bill, please visit www.rurdev.usda.gov/rbs/farmbill/index.html .