USDA Provides $208 Million to Help Prevent Guaranteed Borrower Foreclosures and to Assist Emergency Loan Borrowers

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WASHINGTON, Nov. 30, 2023 – The U.S. Department of Agriculture today announced that it is providing approximately $208 million in automatic financial assistance for qualifying farm and emergency loan borrowers. This announcement is made possible by $3.1 billion in assistance for distressed farm loan borrowers provided in Section 22006 of the Inflation Reduction Act, an important part of President Biden’s Investing in America agenda.

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