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USDA/FSA | RIN: 0560-AI33 | Publication ID: Fall 2016 |
Title: Direct Farm Ownership Loan (FO) Microloan (ML) Program | |
Abstract:
In January, 2016, FSA implemented a Direct Farm Ownership Microloan that will provide Farm Ownership loans of up to $50,000 that are expected to most benefit beginning farmers and farmers with small farms that have less traditional farm operations, and specialty crop producers seeking to purchase or enlarge relatively smaller plots of land, who are not typically FSA customers. The final rulemaking publication for this initiative will clarify the Direct Microloans, for borrowers with microloans for both operating loans and farm ownership loans. |
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Agency: Department of Agriculture(USDA) | Priority: Substantive, Nonsignificant |
RIN Status: Previously published in the Unified Agenda | Agenda Stage of Rulemaking: Final Rule Stage |
Major: No | Unfunded Mandates: No |
CFR Citation: 7 CFR 761 7 CFR 764 | |
Legal Authority: 7 U.S.C. 1946 5 U.S.C. 301 7 U.S.C. 1989 7 U.S.C. 1998 |
Legal Deadline:
None |
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Timetable:
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Regulatory Flexibility Analysis Required: No | Government Levels Affected: None |
Federalism: No | |
Included in the Regulatory Plan: No | |
RIN Data Printed in the FR: No | |
Agency Contact: Deirdre Holder Branch Chief, Regulatory Analysis and PRA Requirements Branch Department of Agriculture Farm Production and Conservation Business Center, 1400 Independence Avenue SW, Washington, DC 20250-0572 Phone:202 205-5851 Email: deirdre.holder@usda.gov |