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BIOREFINERY ASSISTANCE PROGRAM BIOREFINERY ASSISTANCE LOAN GUARANTEES
The purpose of this section is to assist in the development of new and emerging technologies for the development of advanced biofuels, so as to:
- increase the energy independence of the United States;
- promote resource conservation, public health, and the environment;
- diversify markets for agricultural and forestry products and agriculture waste material; and
- create jobs and enhance the economic development of the rural economy.
Uses and Use Restrictions:
Loan guarantees are made to fund the development, construction, and retrofitting of commercial-scale biorefineries using eligible technology. The maximum loan guarantee is $250 million. Mandatory funding is available through FY 2012.
Eligible Technologies Under the Program Include:
- technology that is being adopted in a viable commercial-scale operation of a biorefinery that produces an advanced biofuel; and
- technology not described in subparagraph A. that has been demonstrated to have technical and economic potential for commercial application in a biorefinery that produces an advanced biofuel.
Information Contacts:
Department of Agriculture, Rural Development,
Business Programs, Energy Branch 1400 Independence Avenue, SW, MS3225
Washington, DC 20250-3225
Telephone: (202) 720-1400
Energy Coordinators Contacts
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