Beginning Farmer Tax Credit (BFTC)
🏛 Pennsylvania Department of Community & Economic Development
✓ Free, no account · Source: Pennsylvania Grants (CODE PA) · Last verified May 31, 2026
Can you apply?
This grant is for agricultural asset owners in Pennsylvania who want to sell or rent land and equipment to beginning farmers. Eligible sellers include landowners and equipment owners with agricultural assets to transfer. The program provides tax credits as an incentive for transferring assets to the next generation of farmers. Recipients must work through Pennsylvania's Department of Community & Economic Development in consultation with the Department of Agriculture.
Not the right fit? Find grants for your organization in 5 questions →
Program description
Program provides tax credits to owners of agricultural assets who sell or rent agricultural assets to beginning farmers. The program is administered in consultation with the Department of Agriculture and Department of Revenue.
Who can apply
Eligible applicants
How to apply
Application links
Required documents
- Proof of agricultural asset ownership
- Documentation of beginning farmer status of buyer/renter
- Asset valuation or appraisal
- Sale or rental agreement documentation
- Contact information for the purchasing beginning farmer
FAQ
Who can apply for the Beginning Farmer Tax Credit?
Agricultural asset owners who are selling or renting assets to beginning farmers. Your buyer or renter must qualify as a beginning farmer.
What assets are eligible for the tax credit?
Agricultural assets including land and equipment. Check with the program administrator for a complete list of eligible asset types.
How much is the tax credit worth?
Award amounts are not publicly specified. Contact the Pennsylvania Department of Community & Economic Development for current credit details.
What is the application deadline?
The program deadline listed is 12/31/2035, but this may reflect data errors. Confirm current deadlines with the program administrator before applying.
Is there cost-sharing required?
No cost-sharing or matching funds are required to participate in this program.
💡 Tips for applicants
- Contact the Pennsylvania Department of Community & Economic Development early to understand current award amounts and detailed eligibility rules.
- Work closely with your buyer or renter to confirm they meet the program's definition of a "beginning farmer."
- Gather documentation of the agricultural asset's value and condition before submitting.
- Coordinate with the Department of Agriculture to verify asset eligibility and program requirements.
- Document the sale or rental transaction carefully to support your tax credit claim with the Department of Revenue.
⚠️ Common mistakes
Selling assets to someone who doesn't meet the program's beginning farmer definition. Failing to coordinate with relevant agencies before finalizing the asset transfer. Not documenting asset value and transaction details properly for revenue verification.
Similar grants
- OPEN Next Generation Farmer Loan Program — Pennsylvania Department of Community & Economic Development
- OPEN Manufacturing Tax Credit Program (MTC) — Pennsylvania Department of Community & Economic Development
- ROLLING Conservation Reserve Enhancement Program (CREP) — Pennsylvania Department of Environmental Protection
- ROLLING AGR GTA Business Acceleration and Marketing (BAM) Program — Montana Department of Agriculture
- OPEN Permanent Local Housing Allocation/ 2024 PLHA NOFA — Department of Housing and Community Development (California)