The North Carolina Farm Service Agency announced funds for socially disadvantaged farms that want to purchase a family-size farm in the 2009 fiscal year.
In 2008, the FSA distributed 99 SDA loans for a total of $14 million.
“This special financing is for people who have been subjected to racial, ethnic or gender inequality without regard to their individual qualities. SDA members include women, African-Americans, American Indians, Hispanics, Asian, Pacific Islanders and Alaska Natives,†Melissa M. Hodges of the Davidson County FSA Farm Loan Program.
Are you looking for a farm loan? Farm Plus has low rate farm loans for you! Farm Plus even works alongside government agencies to help you get the loans you qualify for. Call 866-929-5585 or visit online for more information.