Iowa Energy Center is accepting applications for utility infrastructure projects in disaster-impacted counties
An update to the Energy Infrastructure Revolving Loan Program (EIRLP) accommodated assistance for utility infrastructure improvements in counties impacted by 2024 natural disasters. Other eligible projects allowed under the EIRLP not related to disaster recovery will still be accepted and reviewed.
The next loan application deadline is January 9, 2025.
Municipal electric utilities, municipal natural gas utilities and rural electric cooperatives are eligible for unique loans tailored to assist with specified distribution and/or transmission infrastructure needs that exist in presidentially declared disaster counties. A map of these counties is available here.
Utility projects in the disaster impacted counties that improve the applicant’s preparedness for future severe weather events and natural disasters are eligible for a zero percent interest loan. The interest rate is subject to negotiation by the Iowa Energy Center (IEC) if a utility in a disaster-impacted county and its customers did not experience financial impacts or damage from the disaster. Disaster-impacted utilities may use loan proceeds for local match and/or cash flow to leverage federal hazard mitigation assistance funding. Additional details about the program and its offering for utility infrastructure in disaster-impacted counties may be found in the EIRLP policies and procedures handbook, Appendix A.
Applications for the EIRLP are accepted through IowaGrants.gov.
Additional deadlines for consideration at an IEC Board meeting are as follows:
tApplication Deadline
Application Deadline IEC Board Meeting Date
January 9, 2025 February 6, 2025
April 3, 2025 May 8, 2025
July 24, 2025 August 28, 2025
October 30, 2025 December 4, 2025
For questions about the EIRLP, contact Jeff Geerts at [email protected] or 515.348.6211.
An update to the Energy Infrastructure Revolving Loan Program (EIRLP) accommodated assistance for utility infrastructure improvements in counties impacted by 2024 natural disasters. Other eligible projects allowed under the EIRLP not related to disaster recovery will still be accepted and reviewed.
The next loan application deadline is January 9, 2025.
Municipal electric utilities, municipal natural gas utilities and rural electric cooperatives are eligible for unique loans tailored to assist with specified distribution and/or transmission infrastructure needs that exist in presidentially declared disaster counties. A map of these counties is available here.
Utility projects in the disaster impacted counties that improve the applicant’s preparedness for future severe weather events and natural disasters are eligible for a zero percent interest loan. The interest rate is subject to negotiation by the Iowa Energy Center (IEC) if a utility in a disaster-impacted county and its customers did not experience financial impacts or damage from the disaster. Disaster-impacted utilities may use loan proceeds for local match and/or cash flow to leverage federal hazard mitigation assistance funding. Additional details about the program and its offering for utility infrastructure in disaster-impacted counties may be found in the EIRLP policies and procedures handbook, Appendix A.
Applications for the EIRLP are accepted through IowaGrants.gov.
Additional deadlines for consideration at an IEC Board meeting are as follows:
tApplication Deadline
Application Deadline IEC Board Meeting Date
January 9, 2025 February 6, 2025
April 3, 2025 May 8, 2025
July 24, 2025 August 28, 2025
October 30, 2025 December 4, 2025
For questions about the EIRLP, contact Jeff Geerts at [email protected] or 515.348.6211.
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