Articles tagged under: Rural Finance Authority

MN Lawmakers Readjust Top Priorities for Session

Published March 23, 2020

In St. Paul, state lawmakers are looking at ways to mitigate the challenges of the coronavirus. Minnesota House Agriculture and Food Finance and Policy Division Chair Jeanne Poppe explains there's a few things being considered to help local food production.…
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Rural Finance Authority Funds Get Final Approval

Published March 18, 2020

Minnesota Governor Tim Walz signed a bill Tuesday to provide funding for the Minnesota Department of Agriculture Rural Finance Authority. The bill allocates $50 million for the RFA to continue offering eligible Minnesota farmers low interest loans not offered by…
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Rural Finance Authority Funds Appreciated

Published March 12, 2020

The Rural Finance Authority cleared the Minnesota Senate on Thursday. Minnesota Agriculture Commissioner Thom Petersen says with the challenging, continuous harvest, farmers need resources. "We don't have lots of applications in so farmers shouldn't have to wait long." Petersen says…
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MN House Approves RFA Funding

Published March 6, 2020

Minnesota House lawmakers voted to approve funding for the Rural Finance Authority last week. This year’s bill is asking for $50 million. Every two years, the RFA typically gets $20 to $30 million. The RFA provides state guarantees for local…
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Trying to Help Farmers Get Through to 2020

Published December 13, 2019

During the general session of the Prairie Grains Conference, Minnesota Agriculture Commissioner Thom Petersen told attendees the Department of Agriculture is working to help farmers get through tough times. "We hope to have an announcement on the Secretarial Disaster Designation…
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Disaster Loans Available for MN Farmers

Published March 19, 2019

The Rural Finance Authority Board is issuing a disaster declaration for Minnesota. This makes low interest loans available for farmers who have suffered barn collapses or other damage to record winter snowfall. The program is offering financing to repair existing…
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