Iowa State Executive Director for USDA Farm Service Agency, John R. Whitaker today (Thursday), announced that the U.S. Department of Agriculture has designated 62 Iowa counties as part of a Secretarial Natural Disaster Designation. Farm operators who have suffered major production and/or physical losses caused by drought beginning August 7th, 2012 and continuing may be eligible for low-interest emergency loans. This designation makes the remaining producers in Iowa eligible for these loans.
The Secretarial Natural Disaster Designation determination of August 15th, 2012 lists 35 Iowa counties as primary disaster areas. These primary counties locally, include: Adair, Adams, Audubon, Carroll, Cass, Crawford, Dallas, Fremont, Guthrie, Hancock, Harrison, Mills, Monona, Montgomery, Page, Pocahontas, Pottawattamie, Sac, and Shelby. Thirty-two Iowa counties are contiguous to this designated disaster area, making those producers also potentially eligible for the program based on this designation. The contiguous counties include: Ringgold, Taylor and Union, in southwest Iowa.
Whitaker says “With this designation, all producers who have suffered a loss due to a natural disaster are eligible to apply for an FSA Emergency Loan. With the various designations that have been issued, producers should contact their local FSA office to determine the application deadline that applies to them.” The Farm Service Agency may make emergency loans to eligible family farmers which will enable them to return to their normal operations if they sustained qualifying losses resulting from natural disaster.
Applicant must be unable to obtain credit from other usual sources to qualify for the Farm Service Agency Farm Loan Program assistance. The final date for making application under this designation is April 15, 2013. Interested farmers may contact their local County FSA office for further information on eligibility requirements and application procedures for these and other programs. For a list of disaster designations for Iowa, go to www.fsa.usda.gov/ia.