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Increased Funding and Support for Community Wood Facilities and Forest Innovations

This act boosts financial support for projects using wood from forests by increasing grant amounts and the percentage of project costs covered. It also broadens the types of eligible projects, including building new wood processing facilities.
Key points
Increased funding available for programs supporting wood utilization.
Higher grants: programs can now cover up to 50% of project costs (previously 35% or 25%).
Maximum grant amount increased to $5,000,000.
Support now includes building new forest products manufacturing facilities, not just upgrading existing sawmills.
Increased energy capacity limit for wood energy projects from 5 MW to 15 MW.
Programs will be funded at $50,000,000 annually from 2022 through 2026.
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Expired
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Additional Information
Print number: 117_HR_5122
Sponsor: Rep. Pingree, Chellie [D-ME-1]
Process start date: 2021-08-27