Washington, DC [RenewableEnergyAccess.com] USDA is accepting applications for fiscal year (FY) 2007 to purchase renewable energy systems and make energy efficiency improvements for agriculture producers and rural small businesses in eligible rural areas. Funding will be available in the form of grants, guaranteed loans, and combined guaranteed loans and grant applications. For FY 2007 there is approximately $11.4 million in funding for competitive grants and $176.5 million in authority for guaranteed loans. The Farm Security and Rural Investment Act of 2002 (the Farm Bill) established the Renewable Energy Systems and Energy Efficiency Improvements Program under Title IX, Section 9006.
