Category: Agriculture Financing
- Purchase land, construct or repair buildings or fixtures, or promote soil and water conservation
- Interest rates are lower than market rate; terms cannot exceed 40 years. Loans up to $ 300,000
- Same fund use as “Direct Farm Ownership Loan” except loan may be used to refinance debt
- Farm Service Agency guarantees up to 95% of the loan, or up to $1,214,000.
Provides funding for the development and commercialization of renewable energy sources including wind, solar, geothermal, hydrogen, biomass and biofuel, to change the way people power their cars, homes, businesses and industries.
Awards may be made for planning activities or for working capital expenses, but not for both. The maximum amount for a planning grant is $100,000 and the maximum amount for a working capital grant is $300,000. Applicant must match grant request with equal amount of their own funding. Funds cannot be used for construction or production and harvest of the first commodity.
Funds can be used for acquisitions, construction, modernization, conversion, expansion, repair, equipment, machinery, supplies, start-up costs and working capital; processing and marketing; leasehold improvements, cooperative stock, take out of interim financing, energy projects, and pollution control and abatement.
To help producers who own or operate located in a county declared by the President or designated by the Secretary of Agriculture as a primary disaster area or quarantine area. The maximum loan amount for an Emergency loan is $500,000.
