Apr 16, 2021
Earlier this week, we posted important information about the American Rescue Plan debt relief payments for socially disadvantaged producers. The American Rescue Plan includes provisions for USDA to pay up to 120% of loan balances, as of January 1, 2021, for Farm Service Agency (FSA) Direct and Guaranteed Farm Loans and Farm Storage Facility Loans (FSFL).
If you are a Black, Native American/Alaskan Native, Asian American or Pacific Islander, or are of Hispanic/Latino ethnicity, with one of the loans listed above, you are eligible for the loan payment. FSA is working hard to ensure that we provide this relief as…
Read the full article at: https://www.usda.gov/media/blog/2021/04/16/faqs-american-rescue-plan-debt-relief-socially-disadvantaged-borrowers