USDA Offers Funds For Economic Relief to Biofuel Producers, Restore Renewable Fuel Markets Hit by Pandemic
Up to $800 Million Will Help Biofuel Producers and Rural Americans Build Back Better
December 15, 2021
LINCOLN – U.S. Department of Agriculture (USDA) Secretary Tom Vilsack announced recently that USDA will make up to $800 million available to support biofuel producers and infrastructure.
The announcement includes $700 million to provide economic relief to biofuel producers and restore renewable fuel markets affected by the pandemic.
The department will make the funds available through the new Biofuel Producer Program authorized by the Coronavirus Aid, Relief, and Economic Security Act (CARES Act). Additionally, in the coming months, the department will make $100 million available to incr...