Bourbon, Garrard, other counties get farm project funds

Bourbon, Garrard, other counties get farm project funds






BOWLING GREEN, Ky. (WTVQ) – The Kentucky Agricultural Finance Corporation authorised $1,948,136 in 11 rural loans for projects crossways the commonwealth at its monthly commission meeting.


Agricultural Infrastructure Loan Program (AILP)


An Agricultural Infrastructure give totaling $105,886 was authorised for an activeness in Calloway County. KAFC participates with lenders to wage finance to producers making top expenditures for rural projects finished the AILP.


Eligible projects allow imperishable farm structures with bespoken equipment that improves the gain of job operations. Producers haw be suitable for up to $150,000 not to top 50 proportionality of the project.


Beginning Farmer Loan Program (BFLP)


Nine Beginning Farmer loans totaling $1,813,250 were authorised for recipients in ultraconservative ($108,750), Crittenden ($160,000), Daviess ($250,000), Garrard ($232,500), author ($250,000), Hickman ($250,000), economist ($62,000), admiral ($250,000), and reformer ($250,000) counties.


BFLP is fashioned to support individuals with whatever job undergo who want to develop, modify or acquire into a job operation.


Beginning farmers haw remember for finance to acquire livestock, equipment or cultivation facilities; to bonded imperishable employed capital; for the acquire of farm actual estate; or to equip in a partnership or LLC.


Diversification finished Entrepreneurship in Agribusiness Program (DEAL)


A Diversification finished Entrepreneurship in Agribusiness give totaling $29,000 was authorised for a acquirer in speechmaker County.


DEAL is fashioned to support agri-entrepreneurs with the purchase, organisation or treatment of a playing that sells rural products or services to farmers or consumers.




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Bourbon, Garrard, another counties intend farm send funds




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Bourbon, Garrard, other counties get farm project funds

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