USDA RURAL ENERGY FOR AMERICA PROGRAM, Inflation Reduction Act – Grant and Guaranteed Loan
Thanks to the Inflation Reduction Act (IRA), REAP can now provide guaranteed loans of up to 75% of the cost of eligible projects and grants covering up to 40% of project costs for small businesses and agricultural producers that want to integrate renewable energy technology. Applications for the 2023 fiscal year are due March 31, 2023.
