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
WASHINGTON, June 9, 2023 – 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.
“With crucial funding through the Investing in America agenda, the Biden-Harris Administration is committed to supporting the wood products and wood energy economies that are the lifeblood of so many people, especially for tribal and disadvantaged rural communities,” said Agriculture Secretary Tom Vilsack. “By building more sustainably, we are able to address the ongoing wildfire crisis and lower risks to our communities, while also creating new markets for the excess and hazardous wood we need to remove from our fire-prone western landscapes and creating jobs and wealth in rural communities along the way.”