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Farmers and Agriculture Producers
Grants, Loans, and Technical Assistance
Description: To support the Agriculture Conservation Easement Program (ACEP), which helps landowners, land trusts, and other entities protect, restore, and enhance wetlands or protect working farms and ranches through conservation easements.
Amount: $1.4 billion
Eligibility: Conservation entities, agriculture producers, farmers, ranchers, and forest landowners
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Description: To support the Conservation Stewardship Program (CSP), which offers technical and financial assistance to compensate agricultural and forest producers who agree to increase their level of conservation by adopting additional conservation activities and maintaining their baseline level of conservation.
Amount: $3.25 billion
Eligible Entities: Agriculture producers, farmers, ranchers, and forest landowners
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Description: To support the Environmental Quality Incentives Program (EQIP), which provides technical and financial assistance to producers to address natural resource concerns and deliver environmental benefits such as improved water and air quality, conserved ground and surface water, increased soil health and reduced soil erosion and sedimentation, improved or new wildlife habitat, and mitigation against drought and increasing weather volatility.
Amount: $8.45 billion
Eligible Entities: Agriculture producers (including nonindustrial private forest landowners and Indian Tribes), farmers, ranchers, and forest landowners.
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Description: To support the Regional Conservation Partnership Program (RCPP), a partner-driven approach to conservation that funds solutions to natural resource challenges on agricultural land by leveraging collective resources and collaborating to implement natural resource conservation activities.
Amount: $4.95 billion
Eligible Entities: Native American Organizations, Farmer/Rancher/Agriculture Producer, Land/Property Owner, State/Local Sponsored Organization, Federally Recognized Indian Tribal Governments. Producers in an approved partner project area who have priority resource concerns related to soil, water, and related natural resources, or who need assistance with complying with federal and state environment laws. A participant may be an owner, landlord, operator, or tenant of eligible agricultural lands or non-industrial forestlands. Limited resource producers, small-scale producers, social disadvantaged individuals, federally recognized Indian Tribal governments, Alaska natives, and Pacific Islanders are encouraged to apply.
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Description: To provide conservation technical assistance, which offers our nation’s farmers, ranchers, and forestland owners the knowledge and tools they need to conserve, maintain, and restore the natural resources on their lands and improve the health of their operations for the future.
Amount: $1 billion
Eligible Entities: Individuals, groups, and communities that make natural resource management decisions on private, Tribal, and other non-federal lands (e.g. conservation entities, agriculture producers, farmers, ranchers and forest landowners).
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Description: Competitive grant programs under Cooperative Forestry Assistance Act to fund climate mitigation or forest resilience practices and support underserved forest landowners.
Amount: $550 million
Funding Source: USDA
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Description:
- To provide guaranteed loan financing and grant funding to agricultural producers and rural small businesses for renewable energy systems or to make energy efficiency improvements. Agricultural producers may also apply for new energy efficient equipment and new system loans for agricultural production and processing.
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To provide guaranteed loan financing and grant funding to agricultural producers and rural small businesses for underutilized renewable energy technologies.
Amount: $2.025 billion
Eligible Entities: Rural small businesses, agricultural producers
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Description: To provide grants through the Higher Blend Infrastructure Incentive Program, which has the goal of significantly increasing the sales and use of higher blends of ethanol and biodiesel by expanding the infrastructure for renewable fuels derived from U.S. agricultural products and by sharing the costs related to building out biofuel-related infrastructure.
Amount: $500 million
Eligible Entities: Transportation fueling facilities including fueling stations, convenience stores, hypermarket fueling stations, fleet facilities (including rail and marine), and similar entities with capital investments; fuel distribution facilities, such as terminal operations, depots, and midstream partners, and similarly equivalent operations.
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Debt Relief
Description: $3.1 billion in assistance for distressed farm loan borrowers
Resources:
USDA Webpage for Distressed Borrowers
Description: Financial assistance for farmers, ranchers and landowners who have experienced discriminations in US Department of Agriculture’s farm lending programs.
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Tax Incentives
A provision to the IRA now allows tax-exempt entities to participate in programs that utilize tax incentives. These entities can opt for a direct payment in lieu of a tax credit.
Description: Extends existing tax incentives for a range of alternative fuels, including biodiesel, renewable diesel, and second-generation biodiesel, through the end of 2024. Beginning in 2025, a new emissions-based Clean Fuel Production Credit will take effect to incentivize production of fuels with low life-cycle greenhouse gas emissions.
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Description: Provides a tax credit for domestic production of clean transportation fuels, including sustainable aviation fuels.
Amount:
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Base credit: $0.20/gallon for non-aviation fuel and $0.35/gallon for aviation fuel, multiplied by the carbon dioxide “emissions factor” of the fuel. Inflation adjusted after 2024.
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Credit is 5 times the base amount ($1/gallon for non-aviation fuel, $1.75 gallon for aviation fuel, multiplied by the emissions factor) for facilities meeting prevailing wage and registered apprenticeship requirements. Inflation adjusted after 2024.
Eligible Entities: Registered producers in the United States. Fuels with less than 50 kilograms of carbon dioxide equivalent per million British thermal units (CO2e per mmBTU) qualify as clean fuels eligible for credits.
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Description: Provides a tax credit for investment in renewable energy projects. Projects must begin construction before 1/1/25.
Amount:
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Base credit of 6%
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Credit is increased by 5 times for projects meeting prevailing wage and registered apprenticeship requirements
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Credit is increased by up to 10 percentage points for projects meeting certain domestic content requirements for steel, iron, and manufactured products.
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Credit is increased by up to 10 percentage points if located in an energy community
Eligible recipients: Fuel cell, solar, geothermal, small wind, energy storage, biogas, microgrid controllers, and combined heat and power properties
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Description: Provides a tax credit for production of electricity from renewable sources for projects beginning construction before 1/1/25.
Amount
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Base amount: $0.03/kW, inflation adjusted
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Credit is increased by 5 times for projects meeting prevailing wage and registered apprenticeship requirements
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Credit is increased by 10% if the project meets certain domestic content requirements for steel, iron, and manufactured products.
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Credit is increased by 10% if located in an energy community.
Eligible Entities: Facilities generating electricity from wind, biomass, geothermal, solar, small irrigation, landfill and trash, hydropower, and marine and hydrokinetic renewable energy.
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Description: Provides a tax credit for purchasers of qualified commercial clean vehicles
Amount: 30% tax credit up to $7,500 for vehicles weighing less than 14,000 pounds, and up to $40,000 for vehicles weighing more than 14,000 pounds
Eligibility: Businesses that acquire motor vehicles or mobile machinery for use or lease; tax-exempt entities that acquire them for use
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Description: Provides a tax credit for alternative fuel vehicle refueling and charging property in low-income and rural areas. Alternative fuels include electricity, ethanol, natural gas, hydrogen, biodiesel, and others.
Amount: 30% tax credit up to $100,000 per station for commercial property and up to $1,000 per station for residential property
Eligible Entities: The qualified alternative fuel vehicle refueling property must be for clean burning fuels, as defined in the statute, and must be located in low-income or rural areas.
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National Law Review: EV Charging Station Tax Credits are Back
Description: Provides a credit for carbon dioxide sequestration coupled with permitted end uses within the United States.
Amount: Up to $85 per ton of carbon dioxide permanently stored and up to $60 per ton of carbon dioxide used for enhanced oil recovery or other industrial uses of carbon dioxide
Eligibility: U.S. facilities within minimum volumes: 1,000 metric tons of CO2 per year for DAC facilities; 18,750 metric tons for electricity generating facilities (with carbon capture capacity of 75% of baseline CO2 production); 12,500 metric tons for other facilities.
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