USDA is Providing $130 Million in Assistance to Help Farmers Facing Financial Risk

WASHINGTON, May 1, 2023 – The U.S. Department of Agriculture (USDA) today announced that nearly $130 million in additional, automatic financial assistance has been obligated for qualifying farm loan program borrowers who are facing financial risk. The announcement is part of the $3.1 billion to help distressed farm loan borrowers that was provided through Section 22006 of the Inflation Reduction Act (IRA).