Editor’s Note: This is a guest post written by the Farmers’ Legal Action Group, and updated as of April 25, 2021. Find earlier reporting from FLAG on the Paycheck Protection Program (PPP) on their website, and find NSAC’s initial reporting on PPP on our blog. The deadline for the Paycheck Protection Program, a COVID-19 relief […]
direct operating loans
FSA Lending to Female Farmers and Farmers of Color Continues to Fall
Editor’s Note: This is the final post of a 3-part analysis of FSA loan program usage throughout FY 2017. Prior posts focused on lending trends for beginning farmers and overall annual trends. Recognizing that farmers of color and female farmers have historically experienced disproportionate burden and discrimination when seeking access to loan financing, the National […]
Farm Service Agency Lending to Beginning Farmers Remains Strong
Editor’s Note: This is the second post of a 3-part analysis of FSA loan program usage throughout FY 2017. Stay tuned for our final post on lending trends for women and farmers of color. Access to credit is a make or break issue for farmers, particularly those just starting out. Rarely do beginning farmers have […]
Despite Decreased Demand for Loans, FSA Credit Still Critical for Farmers
Editor’s Note: This is the first post of a 3-part analysis of FSA loan program usage throughout FY 2017. Stay tuned for subsequent posts on lending trends for beginning and socially disadvantaged farmers and ranchers. Access to loans and credit lines are critical for farmers looking to start up a new operation, expand their operation, […]
Congress Prepares to Pass Funding Extension, Includes Provision to Fill Farm Loan Shortfall
In order to keep the country’s lights on, Congress will need to pass – and the President will need to sign – new appropriations legislation before midnight tonight. Yesterday, the House passed a “continuing resolution” (CR) 326-96, to extend last year’s funding levels for a second time until April 28 (the first CR was passed […]
RELEASE: Farm Groups and Farm Lenders Appeal for Assistance During Credit Crunch
FOR IMMEDIATE RELEASE Contact: Juli Obudzinski, 202-547-5754, jobudzinski@sustainableagriculture.net Ferd Hoefner, 202-547-5754, fhoefner@sustainableagriculture.net Farm Groups and Farm Lenders Appeal for Assistance During Credit Crunch Washington, DC, June 2, 2016 – Operating loans are the lifeblood of farming. They help farmers get crops in the ground, by financing needed supplies and equipment, and when necessary, refinancing earlier loans. The federal government […]