Rural economic development grant - electric farm bill

Ended Project Grant Awarded

Award ID
CLSS00000072052
Recipient
Awarding agency
Obligated
$300,000

Award facts

Assistance listing
10.854 Rural Economic Development Loans and Grants
Completion date
Place of performance
Iowa, USA

Award details come from USAspending.gov.

About this award

The Department of Agriculture Rural Housing Service awarded a $300,000 Project Grant to Corn Belt Power Cooperative under the Rural Economic Development Loans and Grants program (CFDA 10.854). The grant will support Corn Belt Power Cooperative's RURAL ECONOMIC DEVELOPMENT GRANT - ELECTRIC FARM BILL project from March 2022 through March 2024.

The Rural Economic Development Loans and Grants program aims to promote rural economic development and job creation through funding for project feasibility studies, start-up costs, incubator projects, and other reasonable expenses. Corn Belt Power Cooperative will use this grant to support rural economic development initiatives focused on electric agriculture through feasibility studies and other eligible expenses. The funding and two-year period will allow Corn Belt Power Cooperative to assess opportunities and support start-up activities to foster further rural development in Iowa.

Quick answers

Who received award CLSS00000072052?

CLSS00000072052 was awarded to Corn Belt Power Cooperative by Rural Business Cooperative Services (Washington Office) on March 7, 2022.

How much is award CLSS00000072052 worth?

$300,000 has been obligated on CLSS00000072052.

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