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Wednesday, May 4, 2016

USDA establishes credit loan program

Thursday, September 16, 2010

INDIANAPOLIS -- USDA Farm Service Agency in Indiana Executive Director Julia A. Wickard recently announced the launching of a Conservation Loan (CL) program that will provide farm owners and farm-related business operators access to credit to implement conservation techniques that will conserve natural resources.

"This will provide farmers who want to implement conservation measures on their lands a chance to do so by providing assistance with up-front costs," Wickard said. "In return, these producers will help reduce soil erosion, improve water quality and promote sustainable agricultural practices."

Direct CLs may be obtained through local Farm Service Agency (FSA) offices with loan limits up to $300,000. Guaranteed CLs up to $1,112,000 are available from lenders working with FSA.

CL funds may be used to implement conservation practices approved by the Natural Resources Conservation Service (NRCS), such as the installation of conservation structures; establishment of forest cover; installation of water conservation measures; establishment or improvement of permanent pastures; implementation of manure management; and the adaptation of other emerging or existing conservation practices, techniques or technologies.

For more information on the Conservation Loan program, call a local FSA office or visit the FSA website at www.fsa.usda.gov.



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