NEWS RELEASE – Biden-Harris Administration’s Inflation Reduction Act Tops $1 Billion in Clean Energy Investments to Nearly 7,000 American Farms and Rural Small Businesses

On By North Carolina Small Farm AssociationIn Uncategorized
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US Department of Agriculture Rural Development - Together America Prospers

NEWS RELEASE

Biden-Harris Administration’s Inflation Reduction Act Tops $1 Billion in Clean Energy Investments to Nearly 7,000 American Farms and Rural Small Businesses

Latest Investments Will Bring Clean Energy, Lower Costs and New Jobs through 1,147 Farm and Business Projects in 40 States

WASHINGTON, Nov. 14, 2024 – U.S. Department of Agriculture (USDA) Secretary Tom Vilsack announced today that USDA is funding new projects in nearly every state to lower costs, expand access to clean energy and strengthen American farms and small businesses. USDA is making the investments through the Rural Energy for America Program (REAP), a program that has seen record demand in response to historic funding provided by President Biden’s Inflation Reduction Act.

“The Biden-Harris Administration and USDA are ensuring farmers, small business owners and rural communities have the resources they need for the future,” Secretary Vilsack said. “The investments I’m announcing today will help rural communities lead our country toward an economy that benefits working people everywhere with lower costs and clean energy jobs.”

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