Capital for Beginning Farmers and Ranchers Act of 2025 establishes a pilot program for development loans to new farmers and ranchers.
The Capital for Beginning Farmers and Ranchers Act of 2025 amends the Consolidated Farm and Rural Development Act to create a pilot program for development loans and loan guarantees to qualified beginning farmers and ranchers. The program aims to finance capital investments that benefit their farming or ranching businesses for more than one year. The Secretary of Agriculture will provide training and support through contracted entities and grant recipients. Loans will have terms of 3 to 10 years, with interest rates up to 3 percent, and collateral requirements based on borrower experience.
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- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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