RURAL ENERGY FUNDING

plant_rural_funding_MThis Notice of Funding Availability (NOFA) announces the acceptance of applications under the Rural Energy for America Program (REAP) for Fiscal Year 2014 for 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. The Notice also announces the availability of mandatory budget authority carried over from Fiscal Year 2013 of approximately $24.7 million and $3.5 million of discretionary budget authority made available by Fiscal Year 2014 appropriations. The budget authority will support the above referenced REAP activities, for approximately $12.38 million in grant program level and approximately $57.8 million in guaranteed loan program level. The funding being announced does not include mandatory funding provided by the Agricultural Act of 2014 (2014 Farm Bill). The Rural Business-Cooperative Service (Agency) intends to publish a final rule for REAP later this fiscal year. The final rule will modify the interim rule for REAP based on comments received on the interim rule, which was published in the Federal Register on April 14, 2011 (76 FR 21110), and the proposed rule, which was published on April 12, 2013 (78 FR 22044). The Agency will publish a subsequent notice announcing the mandatory funds for fiscal year 2014 provided by the 2014 Farm Bill simultaneously with the final rule.

The 2014 Farm Bill repealed the authority for the feasibility study component of REAP and also removed the ability to provide assistance for flexible fuel pumps. Therefore applications for flexible fuel pumps and feasibility studies will not be determined eligible or awarded funds in Fiscal Year 2014 under REAP.

For more information: https://www.federalregister.gov/articles/2014/05/05/2014-10054/notice-of-funding-availability-for-the-rural-energy-for-america-program

Related article: http://www.biomassmagazine.com/articles/10386/usda-accepting-applications-for-reap-funding

2014 DE CONCERT COMMUNICATION

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