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Affordable Clean Energy (ACE) Program
- Planned
Open Date:
Mid-2023
Close Date:
Upcoming Milestones:
Eligible Recipients:
- Cooperative
- Native/Tribal Entity
- Private Sector
- Public Utility Entity
Program Purpose:
- Energy Infrastructure
Reserved for Energy
Communities?
No
Funded by:
U.S. Department of Agriculture
Overview
Eligible projects are for the cost of loans under Section 317 (which finances wind, solar, hydropower, biomass, or geothermal sources) including projects that store electricity in support of 317 loans. Up to 50 percent of the loan may be forgiven. The Secretary shall establish a criteria for going above 50 percent forgiveness. The loan interest rate will be set at the Municipal Rate.
Related Resources
Additional information is available on the Resources page.Funding Details
Funding Source:
- Inflation Reduction Act (IRA)
Funding Type:
Total Amount Available:
$1000000000.00
Limit per Applicant:
Estimated Awards:
Applicant Guidance
Contact Information
Send questions to [email protected] or contact your General Field Representative (GFR). List of GFRs