Wednesday, August 30, 2017

USDA FARM SERVICE AGENCY GUARANTEED CONSERVATION LOAN PROGRAM

NEED A LOAN TO FUND CONSERVATION PROJECTS? CHECK OUT THE USDA FARM SERVICE AGENCY'S GUARANTEED CONSERVATION LOAN PROGRAMThe USDA Farm Service Agency (FSA) guarantees loans to promote conservation practices on farms and ranches that help protect natural resources. The goal of FSA’s Conservation Loan (CL) program is to provide access to credit for farmers who need and want to implement conservation measures on their land, but do not have the “up front” funds available to implement these practices. For more information see this Conservation Loan Program Fact Sheet. Also see this table summarizing FSA farm loan opportunities.

The Conservation Contract Program is a program for eligible landowners that protects important natural resources and other sensitive areas while providing a debt management tool. A conservation contract is available to people with Farm Service Agency (FSA) direct loans secured by real estate. These individuals may qualify for a reduction of their FSA indebtedness in exchange for a conservation contract with a term of 50, 30 or 10 years. The conservation contract is a voluntary legal agreement that restricts the type and amount of development that may take place on portions of the landowner’s property. Contracts may be established on marginal cropland and other environmentally sensitive lands for conservation, recreation and wildlife purposes. For more information see this Conservation Contract Program Fact Sheet.

The FSA provides several types of farm loans. For more information on these opportunities, see the Florida FSA Website or contact your local FSA office to speak with a local representative

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