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Rural Energy for America Program - Loans and Grants

This program, originally authorized in the 2002 Farm Bill and reauthorized in 2008, is a program to help farmers, ranchers and rural small businesses purchase renewable energy systems and make energy efficiency improvements. This is done by offering a grant not to exceed 25% of the total cost of the project and a guarantee of a commercial loan not to exceed 50% of the total cost of the project.

Here is a program comparison (Adobe™ PDF) between the REAP program and the B&I Guarantee program.

For more information on this or any program offered by Rural Development, please contact your nearest Area Office.

NOTICE: The Utah State Rural Energy for America Program [REAP] Grant and/or Guaranteed Loan Application Deadline is 06/14/10 or until all Utah State Allocated funds are utilized, but not later than 06/30/10. Projects not selected for Utah Allocation funding will compete for national funding.

• The 2010 NOFA was published on 04/26/10.
• Rural Energy for America Program [REAP] Grant &/or Guaranteed Loan Applications must be received in the Utah State Office by 4:30 PM local time on 06/30/10.
• Utah's REAP Application deadline is 06/14/10 or until all of the state funds have been utilized, but not later than 06/30/10.
• Utah's Allocation for the 25% REAP Grant fund is $318,670, which would fund total eligible projects costs of $1,274,680.
• Utah's Allocation for the 50% REAP Guaranteed Loan Fund is $1,325,000; [1% Guaranteed Loan Fee with a .25% Annual Renewal Fee.]
• Once state funds have been fully utilized, we can request national funds beginning 05/14/10.

USDA Rural Development Utah State Office
125 South State Street, Rm. 4311, Salt Lake City, Utah 84138 | Phone (801) 524-4324 | Fax (801) 524-4406 | TDD (801) 524-3309