By Forrest Laws, Brent Murphree
Delta Farm Press
Not long after President Biden signed the Inflation Reduction Act last Aug. 16, USDA announced it was providing $800 million of IRA funding to make about 11,000 direct and guaranteed loan borrowers current in their payments.
Those funds were made available through Section 22006 of the Act, which allocated $3.1 billion for USDA to expeditiously provide relief for “distressed USDA borrowers whose agricultural operations are at risk.”
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