Reminder: USDA Offers $22 Million In Grants To Marketers For Higher Blend Ethanol, Biodiesel Infrastructure
The U.S. Department of Agriculture announced it is reopening the application process for the Higher Blend Infrastructure Incentive Program (HBIIP) for marketers seeking grants to install or upgrade higher blend ethanol and/or biodiesel fueling infrastructure.
The application period opened on December 21, 2020 and ends on January 19, 2021.
The purpose of the HBIIP program is to increase the sales of E15 or higher ethanol blends biodiesel blends greater than five percent.
The USDA is making $22 million available for both retail and wholesale higher blend infrastructure.
HBIIP grants cover up to 50 percent of total eligible project costs up to three million dollars for equipment upgrades at retail fueling facilities, biodiesel distribution facilities, including biodiesel terminal operations and home heating oil distribution centers or equivalent entities.
Eligible Project Costs are only those costs incurred through December 31, 2020 and that are directly related to the use and purposes of the HBIIP. The HBIIP application process is lengthy.
Applicants are encouraged to start the application process as early as possible before the 30-day period ends.
