How much funding does Timber Production Expansion Guaranteed Loan Program (TPEP) provide?

Timber Production Expansion Guaranteed Loan Program (TPEP) provides Up to $25,000,000 in funding.

When is the deadline for Timber Production Expansion Guaranteed Loan Program (TPEP)?

This grant has a rolling deadline or the deadline has not been announced.

Timber Production Expansion Guaranteed Loan Program (TPEP)

ECONOMIC DEVELOPMENT COUNCIL OF

Foundation Rolling (Quarterly) Community Development Grants Economic Services Grants Environmental Grants

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Funding Amount

Up to $25,000,000

Deadline

Rolling / Open

Grant Type

foundation

Overview

Timber Production Expansion Guaranteed Loan Program (TPEP)

Funder: U.S. Department of Agriculture (USDA) Rural Development and Forest Service

Status: Applications opened December 26, 2024; ongoing acceptance until funds expended

Funding Source: President Biden's Bipartisan Infrastructure Law

Total Program Funding: $220 million in loan guarantees

Geographic Scope: Rural areas (focus on federal and Tribal lands)

Focus Areas:

Supporting wood processing facilities

Sawmills and paper mills

Reducing wildfire threats

Improving forest health

Mitigating impact of wildfires, insects, and disease on rural communities

Sustainable, resilient development for rural America

Processing and utilization of wood products from National Forest System lands

Eligible Project Types:

Establishing wood processing facilities

Reopening wood processing facilities

Retrofitting wood processing facilities

Expanding wood processing facilities

Improving wood processing facilities, sawmills, and paper mills

Projects utilizing trees harvested from federal and Tribal lands

Award Amount: Maximum loan amount of $25 million

USDA Key Priorities:

Reducing climate pollution: Enhance resilience to climate change impacts through economic support for rural communities

Promoting equity: Ensure all rural residents have access to USDA Rural Development programs

Boosting economic recovery: Strengthen rural infrastructure and create better market opportunities

Application Process:

Applications must be submitted electronically using Grants.gov

Applicants encouraged to use TPEP Dashboard to identify priority areas

Accepted on rolling basis until funds expended

Webinar: January 6, 2025 at 10:00 a.m. PT (for program overview and application process)

Contact & Resources:

Website: www.rd.usda.gov

Additional Info: USDA.gov

How to Apply

Application Process

Submission Method: Electronic submission via Grants.gov

Key Steps:
1. Use TPEP Dashboard to identify priority areas where wildfire, pest, and disease risks are significant
2. Develop project proposal aligned with USDA key priorities
3. Submit application electronically through Grants.gov
4. Applications accepted on rolling basis until funds expended

Priority Considerations:

Align projects with USDA priorities: climate pollution reduction, equity promotion, and economic recovery

Focus on areas with significant wildfire, pest, and disease risks (identifiable via TPEP Dashboard)

Demonstrate rural community economic impact

Webinar & Information Session:

January 6, 2025 at 10:00 a.m. PT for insights into application process and key priorities

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