Next Generation Farmer Loan Program
In plain English
The Next Generation Farmer Loan Program uses federal tax-exempt financing to lower the interest rate a farmer pays on capital purchases such as farmland or agricultural machinery and equipment. It is aimed at qualifying farm businesses in Pennsylvania, so non-agricultural businesses, nonprofits, and individuals outside farming would not be a fit. This is interest-rate-reduced financing, not a cash grant.
AI-generated summary to help you decide quickly — verify the official eligibility rules before applying.
- Deadline
- Dec 31, 2035
- Posted
- Jan 1, 2024
- Award amount
- Amount not specified
- Focus areas
- Community & economic development
Who can apply
Business — Business
About this grant
The Next Generation Farmer Loan Program uses federal tax-exempt financing to reduce a farmer’s interest rate for capital purchases, such as the purchase of farm land or agricultural machinery and equipment.
Source: public records via Grants.gov. UseGrants is an independent aggregator, not affiliated with any funding agency. Always confirm details on the official listing before applying.