Biden-Harris Administration Announces $43 Million Investment to Advance Innovation in Wood Products and Wood Energy Economies through Investing in America Agenda

9 Jun 2023

News

The Biden-Harris Administration today announced that the U.S. Department of Agriculture is investing more than $43 million to expand innovative uses of wood, including as a construction material in commercial buildings, as an energy source, and in manufacturing and processing input for wood products used in framing homes, making paper products and more.

Made possible in part by President Biden’s Bipartisan Infrastructure Law and the Inflation Reduction Act, these funds are being invested in 123 projects nationwide through Community Wood Grants and Wood Innovations Grants - longstanding Forest Service grant programs that promote innovation in wood products and renewable wood energy economies. Since 2015, the Wood Innovations and Community Wood Grant programs have provided more than $93 million to 381 recipients to support wood products and wood energy projects.

Read the complete article from U.S. Department of Agriculture here.

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