|(OCTOBER 14, 2011) TWO ALASKAN BUSINESSES TO RECEIVE RURAL ENERGY FOR AMERICA PROGRAM GRANTS|
|Anchorage, Oct 14, 2011
@@ USDA-RD Alaska State Director Jim Nordlund today announced two Alaskan business have received Rural Energy for America Program (REAP) grant awards totaling $498,366. These grants will be part of major energy projects in Juneau and Hooper bay.
The Alaska Brewing Company, LLC will receive $448,366 of REAP funding to install a boiler that burns spent grain for heating within the plant.
Sea Lion Corporation is the village corporation of Hooper Bay which is the second largest village in the Yukon-Kuskokwim Delta. REAP grant funding will be used to install wind turbines to offset the cost of high-priced diesel fuel.
USDA Rural Development administers and manages housing, business and community infrastructure and facility programs through a national network of state and local offices. Rural Development has an existing portfolio of more than $155 billion in loans and loan guarantees. These programs are designed to improve the economic stability of rural communities, businesses, residents, farmers and ranchers and improve the quality of life in rural America.
For more information, visit http://www.rurdev.usda.gov