In March, President Joe Biden signed into law the American Rescue Plan. Included is the Emergency Relief for Farmers of Color Act. It provides $4 billion in debt forgiveness to socially disadvantaged farmers and ranchers whove taken out Farm Service Agency loans. Latresia Wilson is Vice President and Co-Founder of the Florida Chapter of the Black Farmers and Agriculturalists Association (BFAA). She says farmers are excited about the debt forgiveness.
Its mentally relieving not having debt over your head, and also it could mean for some of them the difference between saving their farm or losing their farm as well as an opportunity maybe to have a new start, Wilson says.
Wilson says its a good first step in addressing the discrimination B…
Read the full article at: https://news.wfsu.org/state-news/2021-05-25/4-billion-in-debt-relief-is-coming-to-socially-disadvantaged-farmers-ranchers
