Suggested Event
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.