Village Voices - We don't write papers, we build scrapbooks

FSA Expands Set-Aside Loan Provision

 


USDA’s Farm Service Agency (FSA) will broaden the use of the Disaster Set-Aside (DSA) loan provision, normally used in the wake of natural disasters, to allow farmers with USDA farm loans who are affected by COVID-19, and are determined eligible, to have their next payment set aside.

In some cases, FSA may also set aside a second payment for farmers who have already had one payment set aside because of a prior designated disaster.

“This immediate change of the Set-Aside provision can provide some welcome financial relief to borrowers during this current crisis,” said FSA Administrato...



For access to this article please sign in or subscribe.



 

Reader Comments
(0)

 
 

Powered by ROAR Online Publication Software from Lions Light Corporation
© Copyright 2020