U.S. Endowment Awards $5.5 Million To Accelerate Wood Fiber Markets
The U.S. Endowment for Forestry and Communities has announced five awards totaling $5.5 million through its Accelerating Wood Fiber Markets initiative. The five-year effort will help connect underutilized wood fiber with new buyers and support the long-term economic viability of working forests and the communities that rely on them.
The Endowment committed $5 million to the initiative, with an additional $500,000 provided by the Northern Border Regional Commission through its Forest Economy Initiative to support work in Maine, New Hampshire, New York and Vermont.
The funding opportunity drew significant interest from across the country. The Endowment received 76 proposals requesting approximately $86 million, underscoring both the scale of the market challenges facing forest-reliant communities and the demand for practical, locally driven solutions.
The selected awardees are:
• Forest Landowners Foundation, $1.3 million: The Forest Landowners Foundation will lead a Southeast-focused initiative to identify and advance scalable market solutions for underutilized and low-value wood. The organization will convene landowners, forest industry representatives, universities, investors and public agencies to develop a coordinated pipeline of market-ready opportunities, particularly in areas with limited processing infrastructure.
• Sustainable Northwest and Intertribal Timber Council, $1.7 million: Sustainable Northwest and the Intertribal Timber Council will establish a Tribal-led initiative designed to build durable, community-driven markets for small-diameter timber, slash and low-grade logs. The partners will incubate a Wood and Biomass Hub within the Intertribal Timber Council to provide project development assistance, connections to financing, and workforce and infrastructure support, beginning with three Tribal communities.
Latest news
Bob Vermeer Guided Family Operation
Robert “Bob” Lee Vermeer, who drove the growth of Vermeer Corp. and its line of whole tree chippers and other wood processing equipment, died on August 17. He was 78. His vibrant love of people,…
Peak Renewables Plans Alabama Wood Pellet Facility
Canadian-based Peak Renewables plans to build a 180,000 metric tons per year wood pellet mill in Dothan, Ala. The $30 million project will utilize residuals from Rex Lumber sawmills in the area. Construction on the…
Wrapping It Up: Wood Bio Conference
EDITOR’S NOTE: This is the third of three parts in the coverage of the Wood Bioenergy Conference & Expo held March 29-30, 2022 at the Omni Hotel at CNN Center and hosted by Wood Bioenergy…
EU Vote Boosts Biomass
The European Parliament voted in mid-September to recognize primary woody biomass as a renewable energy source, keeping its classification under both the first Renewable Energy Directive (RED) and RED II. According to news reports, the…
Find Us On Social
Subscribe to Our Newsletter
Wood Bioenergy News Online hits the inboxes of subscribers in the wood-to-energy sectors.
Subscribe/Renew
Wood Bioenergy is published and delivered worldwide 6 times per year. Free to qualified readers in the U.S. Subscribers outside the U.S. are asked to pay a small fee.
Advertise
Complete the online form so we can direct you to the appropriate Sales Representative.