Release: New Lending Rule Signals More Savings for Farmers
For Immediate Release
Contact: Laura Zaks
National Sustainable Agriculture Coalition
press@sustainableagriculture.net
Tel. 347.563.6408
Release: New Lending Rule Signals More Savings for Farmers
Washington, DC, August 7, 2024 – The National Sustainable Agriculture Coalition (NSAC) applauds Farm Service Agency (FSA) Administrator Zach Ducheanauex for the announcement of a new final rule: Enhancing Access and Delivery for Farm Loans.
“It is clear that the rule, in addition to a suite of actions from the agency in the last three years, aims to address challenges farmers experience by improving loan accessibility and flexibility to keep farmers on the land,” said Billy Hackett, Policy Specialist. “The provisions will act together to make FSA more responsive to the needs of farmers at the beginning of a lending relationship, invest in farmers’ long-term financial health, and reduce instances of default.”
Specifically, …