USDA Announces New Loan Program For Soil Conservation

USDA Announces New Loan Program For Soil Conservation

USDA has launched a Conservation Loan program that will provide farm owners and operators credit to assist with the up-front cost of putting soil and water conservation measures on the land. The new conservation loans can be obtained through local Farm Service Agency offices.

USDA Farm Service Agency state executive director for Iowa, John Whitaker, on September 7 announced that USDA is launching a new Conservation Loan program that will provide farm owners and farm-related business operators access to credit to implement conservation techniques that will conserve natural resources. 

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

Direct CLs can 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 can be used to implement conservation practices approved by the USDA's 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, contact a local FSA office or visit the FSA website at www.fsa.usda.gov

TAGS: Livestock
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