Grant Deadline: Distressed Borrowers and Financially Distressed Farmers Assistance Network (DBAN)

Grant Deadline: Distressed Borrowers and Financially Distressed Farmers Assistance Network (DBAN)

Climate Resilience

Capital Assistance for Local Farmers

This funding opportunity is authorized by the Inflation Reduction Act of 2022. The Act, signed into law on August 16, 2022, directed funding to support financially distressed farmers to expedite assistance to distressed borrowers of direct or guaranteed loans administered by the U.S. Department of Agriculture’s (USDA) Farm Service Agency (FSA) whose operations face financial risk.

The Distressed Borrowers and Financially Distressed Farmers Assistance Network (DBAN) will address the immediate needs of distressed borrowers, financially distressed farmers, and underserved Farmers, Ranchers, and Foresters by providing holistic support to tackle their unique financial challenges. By offering tailored, one-on-one support and technical assistance, DBAN aims to stabilize farmers financially and enhance their access to FSA Farm Loan Programs, USDA Programs, and other beneficial services and resources.

Region: This is a nationwide grant so any farmer or organization in Oregon is eligible.

Eligibility: Must have an account with the 1890 Foundation in order to apply through their portal.

 

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