The U.S. Department of Agriculture on Monday announced awardees of grants in the newest round of the Higher Blends Infrastructure Incentive Program (HBIIP) and announced its plans to accept applications for $450 million in HBIIP grants via the Inflation Reduction Act. In doing so, America’s ethanol producers, fuel retailers, and all drivers alike will benefit from the new round of funding to support the expansion of lower-cost, lower-carbon renewable fuels like ethanol, the Renewable Fuels Association said.
“We’re thrilled to see this new announcement from USDA Secretary Tom Vilsack, which will help bring lower-cost biofuel blends like E15 and E85 to more fuel retail locations around the country,” said Troy Bredenkamp, RFA Senior Vice President for Government and Public Affairs. “RFA has been proud to assist retailers in the application process and to move these grants forward. This program is instrumental in bringing the benefits of biofuels to drivers around the country who want access to lower-cost fuel that is better for the environment and public health. We are grateful to President Biden and Secretary Vilsack for their support of this important initiative.”
RFA has had a 100 percent success rate in assisting retailers in applying for and receiving HBIIP grants under this program, which kicked off in 2020. To date, via HBIIP and state programs, RFA has helped more than 85 companies secure grants in 21 states for almost $68 million in funding, matched by over $217 million in retailer funding for almost $285 million towards higher blend infrastructure. These combined state and federal grant efforts will result in nearly 2,400 dispensers at over 460 locations. For more information, contact Cassie Mullen at [email protected].
