Establishes a pilot program for expedited qualification and approval of farm ownership loans.
The Support for Ownership and Investment in Land Act of 2026 amends the Consolidated Farm and Rural Development Act to create a pilot program. This program aims to expedite the qualification and approval process for direct farm ownership loans and guaranteed farm ownership loans serviced by a Preferred Certified Lender. The pilot program will run for five years, ending on September 30, 2031. The Secretary of Agriculture must submit annual reports on the pilot program's actions and results to the relevant committees.
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