USDA launches new program to support wood processing facilities and help reduce wildfire threats

U.S. Department of Agriculture Secretary Tom Vilsack on Dec. 23 unveiled a new program to support American wood processing facilities. USDA Rural Development is partnering with USDA Forest Service to provide funding through the new Timber Production Expansion Guaranteed Loan Program (TPEP). The program will support the processing and utilization of wood products from National Forest System lands to improve forest health and reduce the risk posed by wildfires, insects, and disease and the detrimental impacts they have on communities and critical infrastructure.

This program is funded through President Biden’s historic Bipartisan Infrastructure Law. It also reflects the goals of the President’s Investing in America agenda to rebuild the economy from the bottom up and middle out, and to strengthen the nation’s infrastructure.

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