15 May Kansas Corn: Information on USDA’s Higher Blends Infrastructure Incentive (HBIIP) program
Recently, the USDA has announced their new Higher Blends Infrastructure Incentive (HBIIP) program to increase higher ethanol blend availability. Projects may include costs related to upgrading fuel dispensers, retrofitting equipment, underground storage tank system components, and other installation costs required to offer ethanol blends greater than 10 percent or fuel containing biodiesel blends greater than 5 percent.
HBIIP covers up to 50% of the eligible project costs, for a maximum of $5 million per applicant each. Along with USDA dollars, the Kansas Corn Commission will be contributing additional matching funds for up to $50,000 per station location with the applicant’s cost share reaching a minimum of 10% of total project costs. In addition, Kansas Corn staff is available to assist in the grant application process, as we have experienced writers on staff to help write the application and execution.
A few more details about the program are below. Kansas Corn would love to set up a call with any interested station to discuss a potential project and next steps. Applications are also considered on a first come, first serve basis depending on the total score of the project. We encourage you to contact us by Friday, May 29 if you are interested to make sure your application is submitted on a timely basis.
Program details:
- 50% of eligible project costs, up to $5M each.
- KS Corn to contribute an additional $50,000 or up to 90% of total project costs.
- Install and/or upgrade fueling infrastructure.
- 90-day application period beginning May 15, ending August 12
- USDA will make funding decisions by late summer/early fall of 2020 and equipment must be installed within 18 months of grant award.
Geographic bonus to stations located along interstate corridors, sole station owners, 22 Western states and New England states.
For more information contact:
Emily Koop
Kansas Corn
785.410.5009
ekoop@ksgrains.com