In Washington, Agriculture Secretary Tom Vilsack today announced that USDA is seeking applications for loan guarantees under the Biorefinery Assistance Program, and payments to producers under the Repowering Assistance Program, and the Bioenergy Program for Advanced Biofuels.
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This funding round includes: $463 million in loan guarantees under the USDA’s Biorefinery Assistance Program; $25 million under the Repowering Assistance Program to encourage the use of renewable biomass as a replacement fuel source for fossil fuels used to process heat or power in the operation of eligible biorefineries; and up to $85 million under the Bioenergy Program for Advanced Biofuels, for advanced biofuel production from renewable biomass excluding corn kernel starch.
