Highly Erodible Land and Wetland Compliance Landowners and operators are reminded that in order to receive payments from USDA, they must be compliant with Highly Erodible Land (HEL) and Wetland Conservation (WC) provisions. Farmers with HEL determined soils must apply tillage, crop residue and rotation requirements as specified in their conservation plan. Producers should notify FSA prior to conducting land clearing or drainage projects to ensure compliance. If you intend to clear any trees to create new cropland, these areas will need to be reviewed to ensure any work will not jeopardize your eligibility for benefits. Landowners and operators can complete form AD-1026 Highly Erodible Land Conservation (HELC) and Wetland Conservation (WC) Certification to determine whether a referral to Natural Resources Conservation Service (NRCS) is necessary. For more information on Highly Erodible Land and Wetland Conservation provisions, contact a FSA County Office or visit the FSA website at www.fsa.usda.gov. Direct Loan Changes Changes were made to the interest rate charged on loans where FSA provides 50% or less on jointly financed purchases of real estate also called Direct Farm Ownership Participation Loans. The interest rate will be the greater of 2.5% or the current interest rate for direct Farm Ownership loans minus 2%, as a fixed rate for the duration of the loan. At present, the June direct Farm Ownership rate is 4.00%. Because the 2.5% floor is greater than subtracting 2% from the current direct farm ownership loan rate, the rate for Direct Farm Ownership Participation Loans in June is 2.50%.
Microloan Program The Farm Service Agency (FSA) developed the Microloan (ML) program to better serve the unique financial operating needs of beginning, niche and small family farm operations. FSA offers applicants a Microloan designed to help farmers with credit needs of $35,000 or less. The loan features a streamlined application process built to fit the needs of new and smaller producers. This loan program will also be useful to specialty crop producers and operators of community supported agriculture (CSA). Eligible applicants can apply for a maximum amount of $35,000 to pay for initial start-up expenses such as hoop houses to extend the growing season, essential tools, irrigation and annual expenses such as seed, fertilizer, utilities, land rents, marketing, and distribution expenses. As financing needs increase, applicants can apply for a regular operating loan up to the maximum amount of $300,000 or obtain financing from a commercial lender under FSA's Guaranteed Loan Program. Individuals who are interested in applying for a microloan or would like to discuss other farm loan programs available should contact their local FSA office to set up an appointment with a loan official. USDA Seeks Sponsors For SUMMER Food Service Program (SFSP) The Summer Food Service Program (SFSP) is looking for sponsors to ensure that low-income children continue to receive nutritious meals when school is not in session. SFSP is administered by the Food and Nutrition Service (FNS), an agency of the United States Department of Agriculture (USDA). SFSP reimburses approved sponsors for serving meals that meet Federal nutritional guidelines. Sponsors receive payments from USDA based on the number of meals they serve. All meals are served free to eligible children, who are 18 years old and under at approved SFSP sites in areas with significant concentrations of low-income children. Sponsors are organizations that manage SFSP feeding sites. Sponsors must be organizations that are fully capable of managing a food service program. To be a sponsor, you must follow regulations and be responsible, financially and administratively, for running your program. The following types of organizations can be sponsors: · Public or private nonprofit schools · Units of local, municipal, county, tribal, or State government · Private nonprofit organizations · Public or private nonprofit camps · Public or private nonprofit universities or colleges A sponsor may prepare its own meals, purchase meals through an agreement with an area school, or contract for meals with a food service management company (vendor). For questions or to apply, please visit http://www.fns.usda.gov/sfsp/summer-food-service-program-sfsp. USDA is an equal opportunity provider and employer. To file a complaint of discrimination, write: USDA, Office of the Assistant Secretary for Civil Rights, Office of Adjudication, 1400 Independence Ave., SW, Washington, DC 20250-9410 or call (866) 632-9992 (Toll-free Customer Service), (800) 877-8339 (Local or Federal relay), (866) 377-8642 (Relay voice users). |
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