USDA Invites Rural Cooperatives to Submit Letters of Interest for Grants and Loans to Deploy Renewable Energy Systems
WASHINGTON, July 27, 2023 – U.S. Department of Agriculture (USDA) Rural Utilities Service Administrator Andy Berke today announced that USDA will begin accepting Letters of Interest (LOI) on July 31, 2023, from rural cooperatives seeking financial assistance to deploy renewable energy systems in rural America.
USDA is making $9.7 billion available in grants, loans, and loan modification under the Empowering Rural America (New ERA) program to help rural cooperatives deploy renewable energy systems, zero-emission, and carbon capture systems.
Rural cooperatives, including current and previous USDA borrowers, must submit LOIs on or before 11:59 p.m., Sept. 15, 2023, via Grants.gov.
For more information, read full STAKEHOLDER ANNOUNCEMENT.
