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Charleston nonprofits receive share of $1 million Facebook grant
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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
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USDA Photo by Preston Keres Emergency Relief for Farmers of Color Act would provide direct payments to historically-underserved farmers of color.
New legislation introduced in the Senate is aimed at delivering direct relief to Black, Indigenous, and Hispanic farmers and other agricultural producers of color to help them respond to the consequences of the pandemic and resulting economic downturn, as well as address what lawmakers claim is longstanding inequity in agriculture from USDA and other government agencies. The Emergency Relief for Farmers of Color Act would provide $5 billion to America’s Black, Indigenous, Hispanic and farmers of color as part of the COVID relief package Congress is now working on.