Agency: USDA Farm Service Agency
Action: Comments requested by October 7, 2024
Why it matters: USDA’s Farm Service Agency is requesting comments about a final rule effective September 25, 2024. The rule includes amendments to the Farm Loan Programs (FLP), implementation of the Distressed Borrower Set-Aside (DBSA) Program, and other changes. The DBSA will allow the borrower to defer one annual loan installment at a reduced interest rate. FLP will also amend its regulations to improve program access and delivery.