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FSA Information Related to the American Recovery and Reinvestment Act
American Recovery and Reinvestment Act (ARRA)

 

 
Visit Recovery.Gov

 
ARRA Delivers Success for FSA

 
Farmers and ranchers were among the first beneficiaries of Recovery Act funds. FSA distributed $173 million in direct operating loans. Here are some stories about the people who have been helped by ARRA.

 
Brian Twedt, Iowa Farmer

 
Iowa Farmer Receives Loans from The Farm Service Agency offered through the ARRA

 
Karley Jenson, Nebraska student

 
Using a Farm Service Agency youth loan funded by the ARRA

 
Mark Kallsen Iowa Farmer

 
ARRA Operating Loan assists Iowa Farmer expand his farm

 
Miller Twins

 
ARRA Youth Farm Loan Encourages Young Sisters

 
Katie Brown

 
ARRA Youth Loan Encourages Young Entrepreneur

 
Justin Maxey

 
Fourth Generation Cattleman Takes Advantage of Recovery Act

 
Steven Burris

 
ARRA Funds Enable Equipment, Chattel Purchases to Launch Family Business

 
Mike Strong

 
16-Year-Old Used ARRA Funds to Expand Cattle Business of Backgrounding

 
Christoper Hiley

 
Missourian Says FSA Loans Keep Business Plan on Track

 
Christoper Helt

 
Rookie Rancher Uses ARRA Funds to Start Business

 

 

 
FSA has responsibility for four ARRA targets:

 

 

 

 
More than $700 million to supplement disaster recovery programs

 

 
First Wave of Recovery

 
President Obama signed the American Recovery and Reinvestment Act (Recovery Act) on Feb. 17, 2009, in an effort to jumpstart an ailing U.S. economy. The plan is to put America back to work in order to stimulate spending and investments. The Farm Service Agency (FSA) has an important role in helping the nation achieve the President's objectives, especially in rural America.

 
As USDA's first measure of success, FSA used authorized Recovery Act funds to generate 2,636 Farm Operating Direct Loans valued at more than $173 million in 47 States. Starting in March, funds were disbursed to approved loan applicants. Within days, they were buying farm equipment, seed, fertilizer, and contracting with local tradesmen for repairs to buildings and fences and hiring helping hands for spring planting. The rapid and decisive work of FSA's county employees delivered USDA's first wave of Recovery for the President, Congress and the American people.

 

 


Last Modified: 06/25/10 10:12:00 AM


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