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USDA allocates loan funds to minority farmers and ranchers

The U.S. Department of Agriculture Farm Service Agency has a portion of its farm loan program funds specifically allocated for women and minority producers announced Judy Olson, State Executive Director. "While FSA farm loans are available to all qualified applicants, by setting aside funds specifically for women and minorities, it ensures that they will receive a portion of available funds," said Olson.

Loan funds can be used to purchase farms, livestock and equipment. Funds may also be used to operate the farm, build or repair farm service buildings, pay for soil and water conservation pract...

 

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