New financial assistance program to help farmers discriminated against by USDA

Financial assistance applications are now open for USDA borrowers who faced discrimination. It is called Section 22007.

The Inflation Reduction Act set aside $2 billion dollars to producers who were discriminated against in USDA farm lending and other programs.
Ag Secretary Tom Vilsack says that the agency is making sure producers have clear information about the program and how to apply.

“Working with cooperator groups so we can ensure that the word gets out to all those who believe they’ve been discriminated against at USDA in farm loads and farm activities to be able to make sure that they do get the information necessary for the application,” Sec. Vilsack explains.

The application process is free and the deadline is October 31st.

For more information, click HERE

Related Stories
A recent study by the Environmental Defense Fund in Kansas is urging farmers to diversify crop portfolios to mitigate risks and ensure long-term sustainability.
As farmers gear up for the spring planting season, it’s crucial to remember that financial planning goes hand in hand with early season crop protection.