Serving Proudly As The Voice Of Valley County Since 1913

Biden Administration Landmark Investments in Rural America

On Nov. 1, President Biden visited Minnesota Farmers Union member Dutch Creek Farms in Northfield, Minn., to announce $5 billion in investments in rural communities, ranging from rural infrastructure, economic development, sustainability, and climate-smart agricultural practices.

“Today’s announced investments in Rural America is more hard evidence the Biden-Harris Administration remains committed to our communities,” said National Farmer’s Union (NFU) President Rob Larew. “Today’s news from President Biden will bring significant funding for programs important to family farmers and the rural places many of us call home. Farmers Union members appreciate the attention to the unique needs of rural communities and will continue to work with the White House and Congress to move us forward.”

Programs included in President Biden’s announcement include:

$1.7 Billion in Investments in Climate-Smart Agriculture: The U.S. Department of Agriculture (USDA) is announcing nearly $1.7 billion in funding to support the adoption of climate-smart agriculture practices, which have direct climate mitigation benefits, advance a host of other environmental co-benefits, and offer farmers, ranchers and foresters new revenue streams.

$1.1 Billion in Investments in Rural American Infrastructure: USDA is announcing $1.1 billion across 104 loan and grant awards to upgrade infrastructure in rural communities that will bring new jobs, clean water and fuel, and reliable electricity to people in nearly every state. This funding includes $5 million from the Inflation Reduction Act to further increase the availability of renewable, homegrown biofuels.

$2 Billion in Investments to Partner with Rural Communities to Create Jobs and Support Rural-led Economic Development: USDA is announcing $2 billion across 99 economic development projects in Rural Partners Network (RPN) communities in nine states and Puerto Rico – funding that will create jobs and build infrastructure as well as increase access to quality health care, affordable housing, and clean water and energy. RPN is transforming the way the federal government partners with rural communities by putting federal employees on the ground to help rural communities access federal resources. Last year, the Biden-Harris Administration launched Rural.gov to help connect all rural communities to federal resources. Today, the Administration is announcing it is piloting a new resource clearinghouse function on Rural.gov with funding opportunities for rural communities to facilitate access to federal programs.

$274 Million to Expand Critical Rural High-Speed Internet Infrastructure: USDA is announcing nearly $274 million across 16 grant and loan awards to expand access to high-speed internet for people living and working across eight states. These investments include $260 million as part of the fourth round of the ReConnect Program funded by the Bipartisan Infrastructure Law, which provided a total of $65 billion to ensure every American has access to affordable, reliable high-speed internet. In total, the Biden-Harris Administration is investing $90 billion to deliver affordable high-speed internet to everyone in America, including in rural communities that often lack access to high-speed internet.

$145 Million to Expand Access to Renewable Energy and Lower Energy Costs for Rural Americans: USDA is announcing $145 million in funding for 700 loan and grant awards through the Rural Energy for America Program (REAP) to help agricultural producers and rural small business owners make energy efficiency improvements and renewable energy investments to lower energy costs, generate new income, and strengthen the resiliency of their operations. This funding is made possible in part by President Biden’s Inflation Reduction Act – the nation’s largest-ever investment in combatting the climate crisis.

Over the course of two weeks, President Biden, Cabinet members, and Senior Administration Officials are barnstorming across the country as part of the Investing in Rural America Event Series to highlight how the Biden-Harris Administration’s investments are bringing new revenue to farms, increased economic development in rural towns and communities, and more opportunity throughout the country.

These announcements build on billions of dollars in investments the Biden-Harris Administration has already made to support rural America, including through expanding access to markets and increasing competition for farmers and producers.

 

Reader Comments(0)