Congressman Faso Protects Key Loan Program for Upstate Farmers

f t # e
Washington, D.C., July 12, 2017 | comments
“Robust funding for the Farm Service Agency’s loan programs ensures greater financial security for Upstate farmers and provides access to credit in the face of low commodity prices. Proposed loan cuts could devastate communities in Upstate New York and similar communities across the country. These funding levels provide beginning farmers with real opportunities that might otherwise be unavailable, and provide better financing and credit availability for existing farmers to grow their farms and agribusinesses,” said Rep. Faso.
share: f t

Congressman Faso Protects Key Loan Program for Upstate Farmers

Washington, D.C. – Congressman John Faso (R-Kinderhook) today praised the news that Congressional appropriators have reversed course and decided to robustly fund the United States Department of Agriculture (USDA) Farm Service Agency’s (FSA) loan programs for fiscal year 2018.

Faso had strongly advocated for this funding, and sent a bipartisan letter along with 14 other members of Congress to the chairmen and ranking members of the House Appropriations Committee and the House Appropriations Subcommittee on Agriculture in support of these programs.

“Robust funding for the Farm Service Agency’s loan programs ensures greater financial security for Upstate farmers and provides access to credit in the face of low commodity prices. Proposed loan cuts could devastate communities in Upstate New York and similar communities across the country. These funding levels provide beginning farmers with real opportunities that might otherwise be unavailable, and provide better financing and credit availability for existing farmers to grow their farms and agribusinesses,” said Rep. Faso.

Dairy farmer and chairman of Rep. Faso’s Agriculture Advisory Committee, Eric Ooms, added, “Upstate farmers simply cannot afford significant cuts to the critical Farm Service Agency loan program. Farmers are responsible for getting food to America’s tables, and many people do not understand the current financial instability our farming community faces, in particular dairy farmers. I want to thank Congressman Faso for his hard work and leadership on this vital issue.”

USDA FSA loans are critical to providing opportunity and access to credit to farms and agribusinesses across the country. According to the USDA, these loans are used for the following categories:

Start, improve, expand, transition, market, and strengthen family farming and ranching operations
Beginning farmers, racial and ethnic minority farmers and women producers
Value-added, direct sale, organic, and specialty crop operations
Young people actively involved in agricultural youth organizations needing financial assistance for income-producing, educational, agricultural projects
Urban farmers and rooftop producers
Operations using alternative farming methods such as hydroponics, aeroponics, vertical farming, and freight container farming

The full letter is attached to this release.

f t # e

Stay Connected

Use the form below to sign up for my newsletter and get the latest news and updates directly to your inbox.

Office Locations