The U.S. Agriculture Department announced on Tuesday that 106 projects in 29 states, Guam and Puerto Rico have been selected for funding to produce renewable energy and make energy efficiency improvements, including nine projects in Iowa.
USDA said the Iowa projects would receive $1.4 million that will be used to construct wind turbines and grain dryers. For example, in Adair, Iowa, Meadow Ridge Wind Energy is receiving a guaranteed loan that will be used to purchase and install a 1.5 million Kilowatt wind turbine.
The turbine is expected to generate enough to meet the annual electricity requirements of more than 500 homes. ” Stable energy costs create an environment for sustainable job growth in rural America,” said Agriculture Secretary Tom Vilsack.
Separately, USDA said it had selected 41 community-based organizations to receive funding to create jobs and support rural business development. In Polk County, the Iowa Economic Development Authority is receiving a $200,000 grant to help revitalize the historical commercial district.
The authority will work with businesses on ways to highlight local events and community attractions, take advantage of tax credits, and promote local attractions through branding and marketing campaigns.