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Quick Links: BLACK FARMERS DEBT RELIEF | AMERICAN RESCUE PLAN DEBT PAYMENTS FAQs NOTE: On June 10th, a federal judge issued a temporary restraining order that halts the United States Department of Agriculture (USDA) from making debt relief payments under Section 1005 of the American Rescue Plan Act. For more information about the temporary suspension of …

The legislation included $4 billion of debt forgiveness for Black and other “socially disadvantaged” farmers, a group that has endured decades ...

21.2.2022 · He has been tracking the debt relief promised to Black farmers since the law creating the program passed last year. Feb. 21, 2022. WASHINGTON — For Brandon Smith, a fourth-generation cattle ...

17.12.2021 · The latest version of the Biden administration’s plan to forgive billions of dollars in farm debt - initially targeted at farmers of color - will exclude thousands of its originally intended recipients because of a change in loan eligibility, according to government data reviewed by Reuters. The debt relief program had been cast by President Joe Biden’s administration as a …

Debt relief for Black farmers, part of the American Rescue Plan, has been blocked by a lawsuit by white farmers who are charging “reverse ...

The American Rescue Plan provides $4 billion in historic debt payments to Socially Disadvantaged producers who have a qualifying loan with FSA.

Feb 21, 2022 · He has been tracking the debt relief promised to Black farmers since the law creating the program passed last year. Feb. 21, 2022 WASHINGTON — For Brandon Smith, a fourth-generation cattle rancher...

Facing more than a dozen lawsuits to derail USDA debt relief to farmers of color, House Democrats this week put forth a new multibillion dollar plan to aid ...

(Washington, D.C.) — Black farmers can now defend the United States Department of Agriculture (USDA) debt relief program after the U.S. ...

Oct 25, 2021 · Passing in March 2021, Congress enacted the Emergency Relief for Farmers of Color Act. The Act authorized a total of $4 billion under the American Rescue Plan farm loan forgiveness. The plan was to eliminate 120% of the loans owed to USDA under USDA farm loan forgiveness.

The 2018 Farm Bill authorized FSA to provide equitable relief to certain direct loan borrowers, who are non-compliant with program requirements ...

Disadvantaged farmers were set to receive $4bn in debt forgiveness through Joe Biden's $1.9tn Covid relief package — the so-called American ...

25.10.2021 · How to Participate in Minority Farmer Debt Relief. Those who are eligible for the minority farmer debt relief would first receive letters from the FSA from May 24. More information regarding Guaranteed Loans would then be given within 120 days. The applicants would then read the letters carefully to understand the terms and conditions.

Dec 17, 2021 · The USDA sent letters to 14,120 farmers of color between May and September, promising $2.4 billion in debt relief, according to data from USDA's Farm Service Agency (FSA) obtained by Reuters...

The latest version of the Biden administration's plan to forgive billions of dollars in farm debt - initially targeted at farmers of color ...

The American Rescue Plan Act (ARPA) Section 1005 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) to any Socially Disadvantaged producer who has a qualifying loan with FSA.

That decision was followed up by the American Rescue Plan Act. The new law included a $4 billion program to cancel certain farm loan debts ...

The American Rescue Plan Act (ARPA) of 2021 promised $4 billion in debt relief for farmers and ranchers of color – a first step toward healing deep wounds of those who have been excluded from government resources and disproportionately impacted by COVID-19.