REAP Grants & Loans
USDA RURAL ENERGY ASSISTANCE PROGRAM (REAP) GRANTS AND LOANS
The REAP program provides grant funding for for-profit entities of up to 25% of project cost or loan guarantees up to 75% of the project cost. REAP is run by the US Dept of Agriculture through their state offices. Grants are awarded on a competitive basis, for differing amounts of the total system price, up to a maximum of 25%
To determine whether your farm or small business is qualified to apply for REAP, it must fall within one of these two categories:
- a) “an agricultural producer with at least 50% of gross income coming from agricultural operations”, or
- b) a small business in an eligible community.”
Click here to find out if your business or farm is located in an eligible area – then click on the first “click Here for the following programs” at the top of the page. Click here to find out whether you qualify as a small business and check with your State’s federal REAP contact (see below).
REAP grants are considered taxable income by the IRS.
We will facilitate the grant application process to ensure the best possible competitive position for receiving USDA REAP funding.
MORE REAP RESOURCES:
REAP grants are considered taxable income by the IRS and recipient will receive a Form 1099.
USDA’s official place to start It looks dense, but it’s actually a nice easy overview.
How will USDA evaluate my application FarmEnergy.Org click on “How Will USDA Evaluate My Proposal?”
In Illinois, the USDA contact is:
Mary Warren, USDA Rural Development
2118 West Park Court, Suite A Champaign, IL 61821
Tel: (217) 403-6218
In Missouri the USDA contact is:
Nathan Tutt, USDA Rural Development
601 Business Loop
70 West Parkade Center, Suite 235
Columbia, MO 65203
Tel: (573) 876-9321