News From Terre Haute, Indiana

December 9, 2012

FSA Conservation Loans available


News Release

---- — Funds are now available for Guaranteed Conservation Loans, which allow farmers to implement conservation practices that will help protect natural resources.

“Guaranteed Conservation Loans are a useful tool to help operators implement any Natural Resources Conservation Service approved conservation practice including, but not limited to, waste management systems, conservation structures or water conservation measures,” Farm Service Agency State Executive Director Julia A. Wickard. “FSA works closely with NRCS on a variety of programs, and this service is one that amplifies that relationship.”

Unlike other FSA guaranteed-loan programs, Conservation Loans are not limited by farm size. Operators who may not normally qualify for an FSA-guaranteed farm operating or ownership loan could be eligible for a Guaranteed Conservation Loan.

The loan limit is $1,302,000, and interest rates and terms will vary.

Interested applicants who do not already have a conservation plan approved by NRCS should work with their local NRCS staff to develop a conservation plan. For questions contact a lender or a FSA office.