USDA’s Climate-Smart program up and running
Approximately $3.1 billion will be spent on 141 pilot projects, providing incentives for producers to adopt climate-sensitive practices on working lands.
Browsing: Rural
USDA provides funding for underserved and veteran farmers
Approximately $45 million will be made available by the U.S. Department of Agriculture to organizations that help underserved and veteran farmers, ranchers and foresters own and operate successful farms.
Bipartisan ACRE legislation introduced in the House
ACRE would amend IRS code to level the playing field for community banks to administer agricultural real estate loans by granting them tax exempt status on earned interest.
Bipartisan legislation aims to help with farm conservation efforts
The bill addresses the shortage of technical service providers who help producers access USDA conservation programs through one-on-one assistance.
Farm Credit Watch: My Farm Bill wish list
Bert Ely outlines five critical items that are key provisions Congress should include in the upcoming Farm Bill.
FarmerMac partners on program offering interest rate rebates for sustainability
The program will provide interest rate rebate payments to participating U.S. farmers for performing sustainable practices and providing annual agronomic data.
Bipartisan legislation introduced to increase investment in ag innovation
The act would double the authorization of current programs from $50 million to $100 million to ensure access to agricultural innovation projects across multiple states.
Additional USDA assistance available for distressed farmers
USDA will provide approximately $123 million in additional, automatic financial assistance for qualifying farm loan program borrowers who are facing financial risk.
USDA Equity Commission shares reform recommendations, effects on farm lending
The commission made 32 recommendations for the department to root out discrimination, remove barriers to USDA’s programs and commit to addressing farmworkers’ needs.
USDA highlights programs helping distressed farm borrowers, outlines 2023 goals
In 2022, the USDA’s Farm Service Agency FSA provided nearly $800 million in assistance to distressed borrowers.