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USDA Updates Farm Loan Programs to Increase Equity

WASHINGTON, March 9, 2022 – The U.S. Department of Agriculture (USDA) is updating its farm loan programs to better support current borrowers, including historically underserved producers. These improvements are part of USDA’s commitment to increase equity in all programs, including farm loans that provide important access to capital for covering operating expenses and purchasing land and equipment.   

USDA Updates Farm Loan Programs to Increase Equity

 SPRINGFIELD, Illinois, March 9, 2022 – The U.S. Department of Agriculture (USDA) is updating its farm loan programs to better support current borrowers, including historically underserved producers.  These improvements are part of USDA’s commitment to increase equity in all programs, including farm loans that provide important access to capital for covering operating expenses and purchasing land and equipment. 

Financial Assistance Application Process Opens for USDA Farm Loan Borrowers Who Have Faced Discrimination

WASHINGTON, July 7, 2023 – Today, the U.S. Department of Agriculture (USDA) announced the opening of the financial assistance application process for eligible farmers, ranchers, and forest landowners who experienced discrimination in USDA farm lending programs prior to January 2021. Section 22007 of the Inflation Reduction Act (IRA) directs USDA to provide this assistance. Since the law’s passage, USDA has worked diligently to design the program in accordance with significant stakeholder input. 

USDA Offers Disaster Assistance to Iowa Farmers and Livestock Producers Impacted by Recent Tornadoes

DES MOINES, Iowa, March 16, 2022 – Iowa agricultural operations in Adair, Benton, Decatur, Jasper, Lucas, Madison, Polk, Tama, Warren and Wayne counties have been significantly impacted by recent tornadoes and severe storms that occurred in early March 2022. The U.S. Department of Agriculture (USDA) has technical and financial assistance available to help farmers and livestock producers recover.