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The Farm Service Agency (FSA) is the United States Department of Agriculture agency that was formed by merging the farm loan portfolio and staff of the Farmers Home Administration (FmHA) and the Agricultural Stabilization and Conservation Service (ASCS). The Farm Service Agency implements agricultural policy, administers credit and loan ...
The Consolidated Farm and Rural Development Act (P.L. 92-419, Subtitle A, as amended, 7 U.S.C. 1922-1925), authorizes the Farm Service Agency (formerly FmHA) to make direct and guaranteed farm ownership loans to eligible family farmers.
The U.S. Department of Agriculture has distributed over $2.1 billion to more than 39,000 farmers in economic distress through a loan relief program funded by the Inflation Reduction Act, the ...
The Con Act, as amended, currently serves as the authorizing statute for USDA's agricultural and rural development lending programs. The Act includes current authority for the following three major Farm Service Agency (FSA) farm loan programs: farm ownership loans, farm operating loans, and emergency disaster loans.
Oct. 10—WASHINGTON — The U.S. Department of Agriculture announced an additional $250 million in automatic payments for distressed direct and guaranteed farm loan borrowers under Section 22006 ...
Jul. 13—WASHINGTON — The U.S. Department of Agriculture (USDA) announced the opening of the financial assistance application process for eligible farmers, ranchers, and forest landowners who ...
Some examples of the other programs include farm loans, federal crop insurance, the Noninsured Assistance Program (NAP), the Conservation Reserve Program (CRP), and conservation cost sharing, and the "food stamps" program of SNAP, which is included in each farm spending bill because it acts as a subsidy, keeping crop prices higher by increasing ...
Between 1947 and 1994, the FmHA expanded the availability of credit and the size of loans. [3] In its later years, the FmHA extended credit to individuals and communities for non-farm use. In 1994, the US Department of Agriculture was reorganized and the functions of FmHA were transferred to the Farm Service Agency. In 2006, the FmHA was fully ...
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