Guam – At the same time Guam Community College officials were meeting the U.S. Department of Agriculture Rural Development’s new state director for Hawaii and the Western Pacific Region this week, the college received formal word that it had been awarded a $2.25 million Community Facilities direct loan by the federal agency.
Dr. Mary Okada, GCC president, and Joseph Diego, Guam’s U.S.D.A. Rural Development area director, along with Doris Perez, GCC’s assistant director of Planning and Development and several other officials, met with Chris Kanazawa, the newly appointed Hawaii/Western Pacific Region state director for U.S.D.A. Rural Development, on Tuesday. At the meeting, Mr. Kanazawa announced that GCC was one of 145 government entities across 37 states and territories just awarded American Recovery and Reinvestment Act (ARRA) funding for projects.
Release No. 0229.10
Funds Will Help Increase Production and Use of Renewable Energy, Create Jobs, and Protect Natural Resources
WASHINGTON, May 4, 2010 – Agriculture Secretary Tom Vilsack today announced that USDA is seeking applications to increase the production and use of renewable energy sources. Funding is available from four USDA Rural Development renewable energy programs authorized by the Food, Conservation, and Energy Act of 2008 (Farm Bill).
"This funding will help spur investments in technologies that will reduce reliance on fossil fuels, conserve natural resources and help build a sustained renewable energy industry in rural America," Vilsack said. "Support provided by USDA through these programs will not only benefit the environment, it will create green jobs and help America become more energy self-sufficient."
USDA is accepting applications for grants and loan guarantees in the Rural Energy for America Program (REAP) until June 30, 2010.
Guaranteed Loans Provided Through Recovery Act Funds Help Local Businesses and Supports the Nation’s Renewable Energy Strategy
WASHINGTON, February 16, 2010 – Agriculture Secretary Tom Vilsack today announced $144 million in loan guarantees to assist 54 rural businesses through funding made available through the American Recovery and Reinvestment Act. The funding is authorized through USDA Rural Development’s Business and Industry Guaranteed Loan Program. The program received $1.57 billion through the Act to help rural businesses stimulate economic development.
"A number of the Recovery Act projects announced today support the President’s comprehensive energy strategy announced earlier this month," said Vilsack. "Advancing biomass and biofuel production holds the potential to create green jobs, which is one of the many ways the Obama Administration and USDA are working to rebuild and revitalize rural America."
For example, in Hilo, Hawaii, Big Island Biodiesel, LLC, has been selected to receive a $5,000,000 loan guarantee through First Hawaiian Bank in Kahului to construct a $10 million, 2.64 million gallon per year biodiesel production plant in Keaau. The feedstock for this biodiesel plant will primarily be used cooking oil, and potentially jatropha and algae. More than one million gallons of used cooking oil and grease-trap oil will be diverted from Maui, Oahu, and Hawaii County landfills to produce the biodiesel. Hawaii has established an Alternative Fuel Standard (AFS) with the goal of providing 10 percent of highway fuel demand from alternate fuels by 2010, 15 percent by 2015, and 20 percent by 2020.