Investing in America Agenda

Investing in America Agenda

Country

United States

State / City

National

Posted date

2024-01-22
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The Biden-Harris Administration's Investing in America Agenda is investing $207 million in renewable energy and domestic fertilizer projects to lower energy bills, generate new income, create jobs, and strengthen competition for U.S. farmers, ranchers and agricultural producers. Many of the projects are being funded by President Biden’s Inflation Reduction Act, the nation’s largest-ever investment in combating the climate crisis. The Department is awarding $207 million in 42 states for projects through the Rural Energy for America Program (REAP) and the Fertilizer Production Expansion Program (FPEP). REAP awards total $157 million for 675 projects in 42 states, including more than $94 million from President Biden’s Inflation Reduction Act. FPEP investments include $50 million in seven projects in seven states.

Instrument

Allocation of Funds
Grants

Purpose

Energy efficiency
Job promotion
Sectoral development

Agency

U.S. Department of Agriculture

Sector

Energy Equipment & Services
Food Products

Data+Law uuid

USA_03811_Program

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