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USDA Plans to Invest Up to $500 Million Through the Higher Blends Infrastructure Investment Program (HBIIP)

Date: 06/26/2023
Type: Implementation of IRA

In December 2022, USDA made available $50 million in IRA section 22003 funding to expand the use and availability of higher-blend biofuels through the Higher Blends Infrastructure Incentive Program (HBIIP). On June 26th, 2023, Secretary Vilsack announced the first awardees of 59 infrastructure projects that will receive a total of $25 million. To learn more, you may view the list of Higher Blends Infrastructure Incentive Program awardees.

In addition, USDA announced on June 26th, 2023 that in July the Department will begin accepting applications for $450 million in grants through HBIIP. These grants will continue to support the infrastructure needed to lower out-of-pocket costs for transportation fueling and distribution facilities to install and upgrade biofuel-related infrastructure such as pumps, dispensers and storage tanks.

Opportunities for Participation and Additional Resources:

  • https://www.usda.gov/media/press-releases/2023/06/26/biden-harris-administration-announces-funding-homegrown-biofuels
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