REAP Guaranteed Loan Program in Oregon
(Rural Energy for America Program, formerly known as the
"9006" program) provides guarantees to commercial lenders
on loans for the purchase and installation of renewable
energy generating systems or energy efficiency improvements.
This assistance is limited to loan to small businesses and
farmers & ranchers. Projects must be located in a rural
area. There is an exception for Ag. Producers. REAP guaranteed loans may finance up to 75% of such a
project. The maximum loan size eligible for a REAP guarantee
is $25 million.
The Notice of Solicitation of Applications for the Rural Energy for America Program
inviting applications for fiscal year 2015 funding has been published in the federal register. Complete
grant applications must be received in our office no later
than 4:30 P.M. April 30, 2015. Guaranteed loan applications will be reviewed and processed once received with no deadline and competitions on the first business day of each month. Please sign up for Program Alerts to receive additional updates from our agency. (posted 1/5/2015)
Contact our office with
questions at (503)414-3369.
REAP Guaranteed Loan Program Overview - Coming Soon!
Note: Although specifically designed for energy projects,
RD's Business and Industry
guaranteed loan program may also assist with rural
energy lending when REAP guarantees are not possible.
Application Information & Tools
- Coming Soon - Application checklist for large combination
projects costing >$200,000 where the borrower is also
applying for a REAP grant
- Coming Soon - REAP Lender Servicing Responsibilities
Contact Rural Development
Click here to sign up for
"Energy Program Notices for Small Business &
Agricultural Producers" and other e-mail alerts for USDA Rural Development programs in Oregon.