The U.S. Department of Agriculture's Rural Business Cooperative Services awarded a $741,850 Project Grant under the Rural Energy for America Program (CFDA 10.868) to American Finance L.L.C., a minority-owned for-profit business located in Harrington, Delaware. The grant funds will support the development of renewable energy systems and energy efficiency improvements for rural small businesses and agricultural producers. Eligible projects include solar panel installations, wind turbines, geothermal systems, energy-efficient lighting upgrades, HVAC improvements, and building insulation enhancements. The grant has a performance period of 24 months, with a final completion date of January 10, 2027. This award is part of the Inflation Reduction Act's $1.055 billion in funding for the Rural Energy for America Program, which aims to help rural entities reduce energy costs, enhance energy efficiency, and expand the use of renewable energy technologies.
Generated 3/4/25, 7:15 AM