The USDA recently released the recipients of grants and loan guarantees through the Rural Energy for America Program and Morrison & Company was pleased to see one of our clients included on the list of successful awardees.
Morrison & Company worked with Roberti Ranch (see our previous blog post here) to complete a REAP application. Roberti Ranch was one of the 500 agricultural producers across the country receiving funding through REAP. Collectively, the USDA awarded a total $27 million in REAP funding to project nationwide.
Roberti Ranch was awarded almost $205,000 in grant funding and received a $1.4 million loan guarantee. Five other REAP recipients hailed from California, with Roberti Ranch receiving the highest grant award in the state.
Roberti Ranch will use the funding for a solar project that will help offset electricity costs on their Sierra County hay and cattle ranch. Morrison & Company is planning to travel to see the project in October.
If you're interested in learning more about REAP, visit the program website here. The 2012 program will likely be released midyear. To stay informed on grant announcements for REAP and other USDA grant programs, be sure to subscribe to our blog.
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