Federal Govt. May Cover Half the Cost of Your New Bulk Plant Project
Find Out How to Apply in FREE Webinar, Tuesday, October 11, 12PM-1PM Eastern Time
NEFI and the U.S. Department of Agriculture (USDA) are presenting a free webinar exclusively for heating fuel dealers. “How to apply for cost-sharing grants under the Higher Blends Infrastructure Incentive Program” will be held Tuesday, October 11 at 12 p.m. Eastern Time. Click here to register now.
As previously reported, the USDA is once again accepting applications for its Higher Blends Infrastructure Incentive Program (HBIIP), a program launched to increase sales and use of higher biofuel blends. The HBIIP can provide you up to $5 million to build a new heating fuel bulk plant, or to make improvements at your existing facility. Thanks to NEFI’s advocacy, nine heating fuel suppliers from six Northeast states have already received a combined $11 million through this program.
The USDA is accepting grant applications until 4:30 p.m. on November 21. On October 11, NEFI and the USDA will walk heating fuel dealers step-by-step through the application process. All dealers with bulk plants, as well as those considering building them, are strongly encouraged to attend.
CLICK HERE TO REGISTER FOR THE FREE WEBINAR
If you’d like your business partner, plant manager, accountant or other members of your team to attend, ask them to go to bit.ly/BiofuelGrantWebinar to sign up.
NOTE: This webinar will provide instructions on how to apply for 50% cost-sharing grants under a new $100 million round of funding for the HBIIP. Thanks in part to NEFI, an additional $500 million will be provided for the HBIIP through September 30, 2031 under the Inflation Reduction Act. Those funds will support future cost-sharing grants for up to 75% of project costs.
CLICK HERE TO VISIT THE HBIIP WEBSITE
CLICK HERE TO DONATE TO NEFI’S ADVOCACY FUND