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Farm Survival: Access to Credit

NFFC Credit and Rural Economic Development Task Force

Goals:
• Secure sufficient funding and proper servicing of US Department of Agriculture (USDA) lending programs.
• Ensure a fair USDA appeals system for family farmers.
• Eradicate the ongoing discriminatory practices at all USDA levels.

The NFFC Credit and Rural Economic Development Task Force seeks to ensure that family farmers maintain access to the affordable credit they need to remain in business. NFFC and its member organizations worked to fairly implement pro-family farmer provisions of current laws during the past twenty years. These laws include the debt restructuring provisions of the 1987 Agricultural Credit Act that provided important rights for farmer borrowers who faced foreclosure and bankruptcy during the 1980s farm crisis.

The Task Force keeps NFFC member groups and other farm credit advocacy organizations informed through mailings, conference calls, email communications, and strategy meetings.
NFFC works with the Farmers Legal Action Group, Inc. (FLAG), Farm Aid, Inc., Federation of Southern Cooperatives, Land Loss Prevention Project, and Rural Advancement Foundation International-USA (RAFI-USA) to conduct farmer trainings. These trainings provide a forum for farm leaders and credit advocates to develop tools that assist farmers with credit problems.

Current Priorities:

1. Reinstate Chapter 12 Bankruptcy as an option for family farmers.

2. Develop a comprehensive campaign to restore justice to the USDA Appeals System. This is necessary to ensure that all farmers receive fair treatment from USDA with a particular emphasis on those minority farmers who won settlements as part of the USDA discrimination suit, and who now face bias in USDA program delivery.

3. Monitor USDA's actions on: implementation and enforcement of farm credit programs, including overall access to credit for family farmers; specific programs designed to assist minority and beginning farmers; nondiscrimination in credit programs; and the shift in guaranteed loans that benefit large, corporate-controlled farm and livestock operations.

4. Ensure the best implementation possible of the policy changes made in the 2002 Farm Bill to benefit farmers and Farm Service Agency (FSA) borrowers. NFFC works with Farmers Legal Action Group, Inc. (FLAG) in developing timely responses to proposed regulations that guide program delivery.

If you are interested in being part of our advocate's network or receive email alerts on key issues, please contact the NFFC office at nffc@nffc.net.

Statement for the Small Business Subcommittee of the Financial Services Committee by Bryan Wolfe, August 23, 2006

Senate Agriculture Committee Oversight Hearing on the USDA Farm Loan Programs (FLP): June 13, 2006

Reinstatement of Chapter 12 Bankruptcy


Full Funding at $25 million for Section 2501


Increased federal funds for FSA Operating and Ownership Loans


Full support for USDA Assistant Secretary for Civil Rights

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