ValueLoan guarantees up to $250M (up to 80% of project cost) to build/retrofit facilities producing advanced biofuels, renewable chemicals, or biobased products; program rules refreshed by final rule effective 7/9/2026
Deadlines2026-10-01 — standing semiannual application deadlines Oct 1 and Apr 1 unless USDA specifies otherwise; next window closes 10/1/2026
RequirementsTechnology must be new/emerging (commercial-scale demonstration); majority of output must be advanced biofuel/renewable chemical/biobased product; feasibility study and lender participation; 7/9/2026 rule bars borrowers causing USDA monetary loss from continued involvement
Caveatsfinal rule effective 7/9/2026 adds fraud-prevention terms; non-binding letter of intent (lender or borrower) required not less than 30 days before the application deadline — i.e. ~9/1/2026 for the 10/1 window; missing 10/1 rolls to the standing 4/1/2027 cycle
Last verified2026-08-23