Farms.com Home   Ag Industry News

Florida Launches Loan Program for Storm-Hit Farmers

Jan 29, 2025
By Farms.com

Interest-free Loans Aid Farmers in Rebuilding after Winter Storm

Florida Commissioner of Agriculture, Wilton Simpson, has introduced a new loan program aimed at aiding farmers, ranchers, and growers affected by the recent winter storm.

The Agriculture and Aquaculture Producers Natural Disaster Recovery Loan Program provides interest-free loans up to $500,000 to help producers rebuild.

"Delivering immediate support to agricultural producers impacted by the recent winter storm, like our nursery growers in North Florida who were hit especially hard, is a critical first step to get them back on their feet," said Commissioner Simpson.

This program will assist in restoring, repairing, or replacing damaged property and infrastructure, essential for the quick recovery of the agriculture sector.

Eligibility for the loans includes having sustained damage from the winter storm, with uses for the funds including repairing buildings, equipment, and removing debris. Producers are advised to document damage through photos and save all recovery-related receipts.

The program's introduction follows the allocation of $75 million by the Florida Legislature to support agricultural recovery efforts, highlighting the state's commitment to its agricultural community.

For more information on applying, producers can visit the program's official webpage or contact the Florida Department of Agriculture and Consumer Services directly.


Trending Video

New Holland Precision Farming Tech Explained

Video: New Holland Precision Farming Tech Explained


Discover the latest precision technology from New Holland North America.

Paul Welbig, director of precision technology, details key advancements including the IntelliSense sprayer automation, FieldOps digital farming platform, and expanded equipment connectivity.

Learn how built-in integration across tractors, combines, sprayers, and balers simplifies adoption and provides farmers a complete view of their operations from desktop or mobile.