
Inflation Reduction Act Assistance for Producers Who Experienced Discrimination in USDA Farm Loan Programs
Section 22007 of the Inflation Reduction Act (IRA) provides $2.2 billion in financial assistance for farmers, ranchers, and forest landowners who experienced discrimination in USDA’s farm lending programs prior to January 1, 2021. Distribution of these funds is one step in the long march towards justice and an inclusive, equitable USDA. The program complements other assistance made possible through the IRA, including assistance for distressed borrowers.
The IRA specifies this assistance must be delivered to impacted producers by nongovernmental program administrators. In May, USDA signed contracts with three vendors who, together, constitute a national administrator and four regional hubs. The vendors are working together to solicit applications from eligible farmers, provide technical assistance, and make decisions about each case (following rules set by USDA). Learn more and apply