From the NSAC blog: “With less than five months remaining in the current fiscal year, USDA’s Farm Service Agency (FSA) still has nearly one billion dollars available for farm loans to help family farmers across the country buy land.Last year, Congress significantly increased the appropriation for FSA farm loans, including a big bump up in FSA Direct Farm Ownership (DFO) loans, which can be used to purchase farmland.
For Fiscal Year (FY) 2015, the Department of Agriculture was provided $1.5 billion to help farmers buy farmland, and an additional nearly $1.3 billion to cover annual operating costs like seeds, feed, and other inputs”. See Article…