Mid-morning Ag News, July 30, 2021: Biden Administration to Invest $67 Million to Help Heirs Resolve Land Ownership and Succession Issues - a podcast by MWC
from 2021-07-30T15:00
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USDA is providing $67 million in competitive loans through the new Heirs’ Property Relending Program, which aims to help agricultural producers and landowners resolve heirs’ land ownership and succession issues. Intermediary lenders -- cooperatives, credit unions, and nonprofit organizations – can apply for loans up to $5 million at 1% interest once the Farm Service Agency opens the two-month signup window in late August.
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