| DSIRE/DtAdd
|
2000-01-01 +
|
| DSIRE/Id
|
MN05F +
|
| DSIRE/LstUpdt
|
12 July 2012 +
|
| EZFeed/Relevant
|
Yes +
|
| Incentive/Active
|
true +
|
| Incentive/ApplDsc
|
Agricultural +
|
| Incentive/Auth2Code
|
Minn. R. 1650.0601 et seq. +
|
| Incentive/Auth2DtEff
|
10/26/2005 (most recent revision) +
|
| Incentive/Auth2Link
|
http://www.mda.state.mn.us/en/grants/loans/improvement/improvementrules.aspx +
|
| Incentive/AuthCode
|
Minn. Stat. § 41B.043 +
|
| Incentive/AuthDtEnact
|
01/01/1995 +
|
| Incentive/AuthLink
|
https://www.revisor.mn.gov/statutes/?id=41b.043 +
|
| Incentive/Cont2Addr
|
625 Robert Street North +
|
| Incentive/Cont2Dept
|
Minnesota Department of Agriculture +
|
| Incentive/Cont2Div
|
Finance and Budget Division +
|
| Incentive/Cont2Email
|
ryan.roles@state.mn.us +
|
| Incentive/Cont2Name
|
Ryan Roles +
|
| Incentive/Cont2Phone
|
(651) 201-6666 +
|
| Incentive/Cont2Phone2
|
(651) 201-6004 +
|
| Incentive/Cont2Place
|
St. Paul, Minnesota +
|
| Incentive/Cont2Website
|
http://www.mda.state.mn.us/ +
|
| Incentive/Cont2Zip
|
55155-2538 +
|
| Incentive/ContAddr
|
625 Robert Street North +
|
| Incentive/ContDept
|
Minnesota Department of Agriculture +
|
| Incentive/ContDiv
|
Agricultural Development & Financial Assistance Division +
|
| Incentive/ContEmail
|
Gary.Blahosky@state.mn.us +
|
| Incentive/ContName
|
Gary Blahosky +
|
| Incentive/ContPhone
|
(651) 201-6666 +
|
| Incentive/ContPlace
|
St. Paul, Minnesota +
|
| Incentive/ContWebsite
|
http://www.mda.state.mn.us/en/about/divisions/agdev/agfinance.aspx +
|
| Incentive/ContZip
|
55155-2538 +
|
| Incentive/DsireSyncDate
|
2011-04-30 16:51:40 +
|
| Incentive/EnergyCat
|
Renewable Energy Incentive Programs +
|
| Incentive/ImplSector
|
State/Territory +
|
| Incentive/MaxInc
|
RFA provides up to 45% of loan up to $300,000 of loan principal
|
| Incentive/Name
|
Agricultural Improvement Loan Program +
|
| Incentive/ProgAdmin
|
Rural Finance Authority +
|
| Incentive/Summary
|
The Agricultural Improvement Loan Program … The Agricultural Improvement Loan Program is administered by the Minnesota Department of Agriculture through the Minnesota Rural Finance Authority (RFA) and provides loans to farmers for improvements or additions to permanent agricultural facilities. In 1995, wind-energy systems with a maximum capacity of 1 megawatt (MW) became eligible for the program.
Like Minnesota's Stock Loan Program, this is a "participation loan," where loans are made by individual financial institutions working with the RFA. The RFA has a Master Participation Agreement with over 400 financial institutions throughout the state; this agreement governs the responsibilities of the various parties in such participation loans. RFA participation is limited to 45% of the principal amount of the loan or $300,000, whichever is less. Terms for the remainder of the loan are negotiated between the participant and the lender.
The borrower must be a Minnesota resident, a Minnesota domestic family-farm corporation or a family-farm partnership. The borrower (or one of the borrowers) must be the principal operator of the farm. The borrower may not have a total net worth exceeding $428,000 (as of July 2012, indexed for inflation). Applicants are required to pay a non-refundable $50 application processing fee.refundable $50 application processing fee.
|
| Incentive/TechDsc
|
Anaerobic Digestion +
, Biomass +
, Wind energy +
|
| Incentive/Terms
|
Maximum term of 10 years
|
| Incentive/Type
|
State Loan Program +
|
| OpenEI/PageDescription
|
Agricultural Improvement Loan Program: energy incentive program.
|
| OpenEI/PageKeyword
|
Energy Incentives +
, Minnesota +
, State Loan Program +
, Rural Finance Authority +
|
| Place
|
Minnesota +
|
| Website
|
http://www.mda.state.mn.us/en/grants/loans/improvement.aspx +
|
| Has improper value forThis property is a special property in this wiki.
|
Incentive/AddlPlaceSelector +
, EZFeed/InstalledCapacity +
, EZFeed/ExpectedCapacity +
|
| Categories |
Financial Incentive Programs +
, Incentive with Contacts +
, Incentive with Authorities +
|
| Modification dateThis property is a special property in this wiki.
|
6 December 2012 14:42:40 +
|
