This is a REAP Renewable Energy System (RES) Grant awarded by the Rural Business Cooperative Services division of the U.S. Department of Agriculture. The $396,880 grant, awarded on Feb 28, 2024, provides funding to Kay Park-Rec Corporation, a for-profit subchapter S corporation, to support the development of renewable energy systems and energy efficiency improvements at their facilities. The grant has a performance period of 2 years, ending on Feb 28, 2026. The REAP program provides grants of up to 25% of project costs to agricultural producers and rural small businesses to promote renewable energy and energy efficiency. Recent REAP awards have ranged from $5,000 to $944,212, with most falling between $20,000 and $250,000.
Generated 12/10/24, 11:12 AM