Biomass Loan Program

CELLULOSIC BIOMASS ETHANL AND MUNICIPAL SOLID WASTE LOAN GUARNTEE PROGRAM

Administered by: Department of Energy
Annual funding: N/A
Established: Calendar Year 2005 by §1510 of the Energy Policy Act of 2005
Scheduled termination: 10 years after enactment of the Energy Policy Act of 2005
Description: The program authorizes loan guarantees for up to 80 percent to private institutions for the cost of constructing facilities to process municipal solid waste and cellulosic biomass into fuel ethanol and other commercial byproducts.
Qualified applicant: Private lending institutions must guarantee loans for biofuel plant construction and each project must have a 30 million gallon capacity. 
For more information: Visit the DOE at http://www.energy.gov/

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