Sturgis, SD, Mar 11, 2013 -- Join the Rapid City USDA Rural Development staff to learn about how the Rural Energy for America Program (REAP) can assist with renewable energy and energy efficiency projects to cut costs or generate income. An informational meeting will be held Tuesday, March 19, 2013, beginning at 10:30 a.m., at the Meade County Erskine Building, located at 1300 Sherman Street, Sturgis, SD in the second floor training room.
Under the REAP, USDA Rural Development provides financing with grants and loan guarantees. Most rural projects that reduce energy use and result in savings for the agricultural producer or rural small business owner are eligible as energy efficiency projects, including lighting and heating replacements, upgrading insulation and windows and doors. Examples of renewable energy projects include geothermal heating and cooling systems, wind energy, solar, and flexible fuel pumps for gas or convenience stores.
Eligible applicants for these grants are rural small businesses (must meet SBA size standards), farmers and ranchers. Applications for residential building improvements will not be eligible.
For more information, please contact Rural Development Area Director Tim Potts at 605-342-0301, Extension 112, email email@example.com or Loan Specialist Brian L. Ring at (605) 224-8870, Extension 122, email firstname.lastname@example.org.
President Obama’s plan for rural America has brought about historic investment and resulted in stronger rural communities. Under the President’s leadership, these investments have empowered rural America to continue leading the way – strengthening America's economy, small towns and rural communities.
USDA's investments support the rural way of life that stands as the backbone of our American values. President Obama and Agriculture Secretary Tom Vilsack are committed to a smarter use of Federal resources to foster sustainable economic prosperity.
USDA, through its Rural Development mission area, has an active portfolio of more than $176 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. More information about USDA Rural Development can be found at www.rurdev.usda.gov.