Boll Weevil Eradication Loan Program

Objective

The Farm Service Agency (FSA) offers direct and guaranteed loans to farmers and ranchers to promote, build, and sustain family farms for a thriving agricultural economy. The goal of FSA’s farm loan program is to provide supervised credit and management assistance to eligible farmers to become owners or operators, or both, of family farms or to continue such operations when credit is not available elsewhere.

Who Can Apply

• U.S. State Government (including the District of Columbia)
• Nonprofit Organization

An eligible applicant must: (1) Meet all requirements prescribed by APHIS to qualify for cost-share grant funds as determined by APHIS, (FSA will accept the determination by APHIS as to an organization's qualification); (2) Have the appropriate charter and/or legal authority as a non-profit corporation or as a State organization specifically organized to operate the boll weevil eradication program in any State, biological, or geographic region of any State in which it operates; (3) Possess the legal authority to enter into contracts, including debt instruments; (4) Operate in an area in which producers have approved a referendum authorizing producer assessments and in which an active eradication or post-eradication program is underway or scheduled to begin no later than the fiscal year following the fiscal year in which the application is submitted; (5) Have the legal authority to pledge producer assessments as security for loans from FSA. Individual producers are not eligible for loans.

Who Benefits

The beneficiaries of this program include the local boll weevil organization and agricultural community as well as local and State governments.

Assistance Types

• Direct Loan

Program Contact

Matthew.Henderson2@usda.gov
(202) 720-5847