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Pagosa Springs
Tuesday, October 3, 2023

Ag producers have time to apply for Direct Farm Ownership Program

By Patti Finke
Special to The SUN

The U.S. Department of Agriculture (USDA) Colorado Farm Service Agency (FSA) executive director, Leland Swenson, announced that farmers and ranchers still have time to apply for low-interest loans available through the FSA Direct Farm Ownership Program. Applications must be approved by Sept. 30 to take advantage of the funding available.

Eligible farmers and ranchers can borrow up to $300,000 to buy farmland, construct or repair buildings, pay closing costs or promote soil and water conservation. The interest rate can be as low as 1.5 percent with up to 40 years to repay.

The full version of this story is available in the print edition and e-edition of the Pagosa Springs SUN. Subscribe today by calling (970)264-2100 or click here.

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