Posts tagged American Rescue Plan
Update: American Rescue Plan Socially Disadvantaged Farmer Debt Payments

To address systemic challenges to socially disadvantaged farmers, the American Rescue Plan Act of 2021 provides historic debt relief to socially disadvantaged producers including Black/African American, American Indian or Alaskan native, Hispanic or Latino, and Asian American or Pacific Islander. USDA is now reviewing and working to gather feedback to implement the Act, and more guidance will be forthcoming for socially disadvantaged borrowers with direct or guaranteed farm loans as well as Farm Storage Facility Loans.

Read More