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USDA announces $1 billion debt relief for 36,000 farmers

Por: WPLG Local 10 Nation October 18, 2022

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DES MOINES, Iowa – The federal government announced Tuesday a program that will provide $1.3 billion in debt relief for about 36,000 farmers who have fallen behind on loan payments or face foreclosure.The U.S. Department of Agriculture announced the farm loan relief program funded from $3.1 billion set aside in the Inflation Reduction Act allocated toward assisting distressed borrowers of direct or guaranteed loans administered by USDA. The... + full article



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