![]() ![]() Applications requesting grants above 25 percent up to the maximum of 50 percent will be funded using IRA funds. Applications which are only eligible for grants of 25 percent or less will automatically be funded using mandatory Farm Bill dollars until the funds are exhausted. How will an applicant determine which source of funding they should apply for?Īn applicant will not need to worry about which source of funding to apply for. Located in a Disadvantaged Community or a Distressed Community The new scoring rubric is summarized as follows: The rubric is detailed in the Federal Register Notice. REAP is a competitive program in which all projects are scored against one another in each State.No single technology may receive more than 50- percent of the total funding available in each fiscal year, excepting years in which all underutilized technology applications have been processed, and applications remain unfunded with funding still available in the set-aside. The creation of an Underutilized Technology Fund with an initial infusion of $144.5 million for renewable energy technologies which made up less than 20% of the project pool two years previous to the application year.The federal share was raised to 50% for all energy efficiency projects, all zero-emission renewable energy projects, and all projects in designated energy communities and projects submitted by eligible tribal entities. ![]() The maximum grant size was increased from $250,000 to $500,000 for energy efficiency projects and from $500,000 to $1 million for renewable energy systems.REAP will host six quarterly competitions to obligate $1.05 billion throughout the remainder of FY 2023 and FY 2024.Understanding these will be key to the completion of a successful application. The program is undergoing numerous changes with the infusion of funds from the IRA. RBCS How-To Apply Video Series for Applicants. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |