USDA Farm Service Agency News for June 3, 2020
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June 3, 2020
FSA Expands Set-Aside Loan Provision for Customers Impacted by COVID-19
USDA’s Farm Service Agency (FSA) will broaden the use of the Disaster Set-Aside (DSA) loan provision, normally used in the wake of natural disasters, to allow farmers with USDA farm loans who are affected by COVID-19, and are determined eligible, to have their next payment set aside. In some cases, FSA may also set aside a second payment for farmers who have already had one payment set aside because of a prior designated disaster.
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