The US Department of Agriculture (USDA) is awarding $3,512,180 in grants to increase the availability of domestic biofuels and provide cleaner, more affordable fuel options. The grants, from the Higher Blends Infrastructure Incentive Program (HBIIP) and funded by President Biden’s Inflation Reduction Act, will be used by the Bulk Petroleum Corporation and Love’s Travel Stops and Country Stores to expand the sales and use of renewable fuels in Wisconsin. The USDA continues to accept applications for funding for the HBIIP, which aims to expand the use and availability of higher-blend biofuels and ends on September 30, 2024.
USDA Invests $3,512,180 in Domestic Biofuel Infrastructure in Wisconsin
STEVENS POINT, Wis., Jan. 19, 2024 – Announced by Julie Lassa, USDA Rural Development Wisconsin State Director, the USDA is awarding $3,512,180 in grants via the Higher Blends Infrastructure Incentive Program (HBIIP). This is to boost domestic biofuel availability and provide cleaner, more affordable fuel options. This initiative is funded by President Biden’s Inflation Reduction Act.
Grants for Wisconsin
- Bulk Petroleum Corporation will utilize a $3,456,000 grant for infrastructure development to expand renewable fuels’ use and sales across multiple locations.
- Love’s Travel Stops and Country Stores, Inc., receives a $56,180 grant aimed for eight dispensers in Tomah.
“Investments announced today support President Biden’s energy independence efforts, helping businesses upgrade their infrastructure and expand homegrown biofuels in Wisconsin,” said Lassa. [Audio: Mp3, 16 seconds, 400KB]
The list of states receiving funding includes numerous states from Arizona to Wisconsin.
About the Higher Blends Infrastructure Incentive Program
The HBIIP offers grants to owners of fueling and distribution facilities, including marine, rail, and home heating oil facilities to expand access to domestic biofuels. In June 2023, USDA allocated $450 million through HBIIP and announced the first round of awardees.
The USDA still accepts applications to expand access to domestic biofuels. The next application deadline is March 31, 2024. You can find more information on the HBIIP webpage.
During the Biden-Harris Administration, USDA Rural Development provided loans and grants to enhance economic opportunities and improve quality of life in rural areas. More information is available at https://www.rd.usda.gov/wi.
To get USDA Rural Development updates, visit the GovDelivery subscriber page.
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