Breaking Equity News and Events

Improving Crop Insurance Options for Small and Diversified Farmers

RMA Announces Changes to Whole Farm Revenue Protection and Micro Farm Policies (August 31, 2023)
RMA Agent Locator: RMA provides insurance agent and provider information as a service to our customers in all 50 states.
ReConnect Program – Continued Funding to Connect People in Remote and Rural Areas to High-Speed Internet
- Press Release: Biden-Harris Administration Announces Nearly $700 Million to Connect People in Remote and Rural Areas to High-Speed Internet (August 21, 2023)
- ReConnect Loan and Grant Program
A Year of Progress: The Inflation Reduction Act
- FACT SHEET: Marking One Year of the Inflation Reduction Act (August 16, 2023)
- White House FACT SHEET: The Inflation Reduction Act Supports Workers and Families | The White House (August 19, 2022)

Progress on funds for financially distressed borrowers (Section 22006 of the Inflation Reduction Act). Since the Inflation Reduction Act was signed into law by President Biden in August 2022, USDA has provided approximately $1.15 billion in assistance to more than 20,000 distressed borrowers as a part of an ongoing effort to keep borrowers farming, remove obstacles that currently prevent many borrowers from returning to their land, and improve the way that USDA approaches borrowing and loan servicing in the long-term.

Additional assistance announced August 11, 2023 for qualifying guaranteed loan borrowers facing financial risk
FSA continues to accept and review individual direct loan borrower requests for cash flow-based assistance and assistance for borrowers who took extraordinary measures to avoid delinquency on their qualifying direct FLP loans
Prior assistance: October 2022 ($800 million) & May 2023 ($130 million)

USDA Agencies and Offices post 2023 Equity Action Plans (read Deputy Secretary Torres-Small’s blogpost)

Applications now open for the Discrimination Financial Assistance Program (Section 22007 of the Inflation Reduction Act)