Biden-Harris Administration Announces Availability of Nearly $50 Million to Strengthen Forest Products Economy, Forest Sector Jobs as part of Investing in America Agenda
18 Oct 2023
News
The Biden-Harris Administration announced the U.S. Department of Agriculture’s Forest Service is making nearly $50 million in grant funding available for proposals that support crucial links between resilient, healthy forests, strong rural economies and jobs in the forestry sector. Made possible by President Biden’s Investing in America agenda, a key pillar of Bidenomics, this funding will spark innovation, create new markets for wood products and renewable wood energy, expand processing capacity, and help tackle the climate crisis.
“A strong forest products economy contributes to healthier forests, vibrant communities and jobs in rural areas,” said Agriculture Secretary Tom Vilsack. “Thanks to President Biden’s Investing in America agenda, we are investing in rural economies by growing markets for forest products through sustainable forest management while reducing wildfire risk, fighting climate change, and accelerating economic development.”
This announcement is part of President Biden's Investing in America agenda to generate economic opportunity and build a clean energy economy nationwide. The grants are made possible by President Biden’s Inflation Reduction Act, the largest climate investment in history and a core pillar of Bidenomics, as well as President Biden’s Bipartisan Infrastructure Law, an historic investment to rebuild America’s aging infrastructure.