Farm Loan Borrower Relief Program
Program Funding
Annual program obligations reported to SAM.gov.
Funded Projects
Examples of what this program has supported.
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.
The Farm Loan Borrower Relief Program (FLBRP) is to provide assistance to economically distressed direct and guaranteed farm loan borrowers whose operations are at financial risk.
Eligibility
Eligible Applicants
- Unrestricted by Entity Type
- Unrestricted by Individual Type
How to Apply
Award Procedure
Payments and/or loan modifications will be applied to accounts by FSA staff.
Program details & compliance
Description
The Farm Loan Borrower Relief Program (FLBRP) is authorized in Section 22006 of the Inflation Reduction Act of 2022 (IRA) and will provide assistance to distressed direct and guaranteed farm loan borrowers whose operations are at financial risk.
Mission Categories
Primary: Production and Operation
Use of Funds
Allowed Uses
Funds will be used to assist financially at-risk farm loan direct and guaranteed borrowers whose operations are distressed, or at-risk of becoming financially distressed. Customers will receive credit for payments on their accounts, monies to be credited to their accounts, in the case of guaranteed loans, or reimbursement for payments already made.
Reporting & Compliance
Applicable 2 CFR 200 Subparts
- Subpart B — General Provisions
- Subpart C — Pre-Federal Award Requirements
- Subpart D — Post-Federal Award Requirements
- Subpart E — Cost Principles
- Subpart F — Audit Requirements