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TREASURY BEGINS ACCEPTING SECTION 1603 GRANT APPLICATIONS

Friday, July 31, 2009 - 4:30AM

The Treasury Department announced today that it is now accepting applications for the Section 1603 program created by the American Recovery and Reinvestment Act. The Section 1603 program will provide direct payments in lieu of investment tax credits to companies that create and place in service renewable energy facilities beginning January 1, 2009.

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