TEMPLE, Texas – The U.S. Department of Agriculture (USDA) today announced a new funding initiative to expand access to clean energy and increase the availability of biofuels in rural Texas, and Texas company Ham Real Estate is leading the effort to enhance fuel storage and distribution infrastructure in the region.
“Today’s announcement highlights the power of locally-led projects in shaping our energy future,” Torres said. “Hamm Real Estate’s work is great for the environment and a shining example of how local businesses can be leaders in bringing cleaner, more sustainable energy to rural Texas.”
The funding will come from the USDA’s Highly Blended Infrastructure Incentive Program (HBIIP), part of President Biden’s Controlling Inflation Act.
Hamm Real Estate has been awarded a $163,500 grant to help with infrastructure improvements aimed at expanding sales of renewable fuels. The company, which operates several fueling stations in Texas, will install E15 fuel dispensers and ethanol storage tanks at its Nederland location. The project is expected to increase ethanol sales by more than 331,000 gallons per year.
HBIIP’s goal is to help transportation fuel station owners and fuel distributors expand their supply of ethanol and biodiesel. Increasing access to these renewable fuels strengthens America’s energy security, supports local businesses, and creates new jobs in rural areas.
HBIIP grants will provide up to 75% of total project costs, up to $5 million, to support the transition to higher fuel blends, such as fuel blends greater than 10% ethanol or greater than 5% biodiesel. The current application period for HBIIP funding runs through September 30, 2024.
For more information, please visit the HBIIP website.
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