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USDA/FSA RIN: 0560-AI33 Publication ID: Spring 2018 
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, expected to most benefit beginning farmers, farmers with small farms that have less traditional farm operations, and specialty crop producers seeking to purchase or enlarge relatively smaller plots of land and 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.

 
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 
EO 13771 Designation: Not subject to, not significant 
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
Timetable:
Action Date FR Cite
Final Rule  01/21/2016  81 FR 3289   
Final Rule Effective  01/21/2016 
Correction  02/29/2016  81 FR 10063   
Final Rule Comment Period End  04/20/2016 
Final Rule  10/00/2018 
Regulatory Flexibility Analysis Required: No  Government Levels Affected: None 
Federalism: No 
Included in the Regulatory Plan: No 
Public Comment URL: www.regulations.gov  
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