In an effort to improve farm land across the country, The United States Department of Agriculture’s Secretary Tom Vilsack announced a new conservation loan program from the Natural Resource Conservation Service.
The new program is designed to assist farm owners or farm-related businesses looking to conserve land or implement conservation practices on their land.
“This will give farmers who want to implement conservation measures on their lands a chance to do so by providing assistance with their up-front costs,” said Vilsack via press release. “In return, these producers will help to reduce soil erosion, improve water quality and promote sustainable and organic agricultural practices.”
Appropriate projects for funding include installation of conservation structures, establishment of forest cover or improvement of pastures. Other related projects will also be considered.
Loans are available up to $300,000 and guaranteed loans up to $1,112,000. Contact your local Farm Service Agency for information on the application process or any questions.
For more information on government subsidies and loans, contact Farm Plus today at 866-929-5585.