Timber Production Expansion Guaranteed Loans

The TPEP will provide financial assistance through loan guarantees to lenders providing loans to entities seeking to establish, reopen, expand, or improve a sawmill or other wood processing facilities, and to forest workers, including loggers and other jobs that supply materials to these sawmills and facilities, that are using ecological restoration byproducts from an identified unit of USFS National Forest System lands. These units of USFS National Forest System lands must be classified as being a high or very high priority for ecological restoration involving vegetation removal, due to the risk of unnaturally severe wildfires, or insect or disease infestation. Under TPEP facilities will purchase and process the byproducts from ecosystem restoration projects, typically small- and mid-diameter timber.