Vilsack calls out farmers suing to block debt relief for minority farmers agriculture.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from agriculture.com Daily Mail and Mail on Sunday newspapers.
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Jun 15, 2021 to Jun 17, 2021
The $4 billion in debt relief authorized to Black farmers and other socially disadvantaged farmers will begin in June, according to a notice of funding availability announcing the loan payments offering aid approved under the COVID-relief inspired American Rescue Plan earlier this year. It is estimated 16,000 farmers could be eligible for the assistance.
USDA expects payments to begin in early June and continue on a rolling basis. Eligible direct loan borrowers will begin receiving debt relief letters from FSA in the mail on a rolling basis, beginning the week of May 24. After reviewing closely, eligible borrowers should sign the letter when they receive it and return to FSA. (View a more detailed timeline here.)
Black farmer loan forgiveness to begin in June feedstuffs.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from feedstuffs.com Daily Mail and Mail on Sunday newspapers.
By Cherranda Smith
May 18, 2021
In response to the calls for racial equity amplified by the Black Lives Matter protests last summer, John Deere created a coalition to help Black farmers across the US. The LEAP (Legislation, Education, Advocacy, and Production) Coalition seeks to equip Black farmers with legal and financial resources to ensure their longevity in the agricultural industry.
Over a century ago, Black farmers owned and operated farms on more than 16 million acres of land, compared to 4.7 million acres today. Racial discrimination in lending and land ownership led to the decline of Black owned farmland in the US, though several legislative and programmatic efforts have been underway to help more Black farmers.
John Deere is teaming up with the National Black Growers Council and others to help Black Famers other underrepresented farmers gain title to their land