Investment

Emergency loans are available for Solano farmers, farmers

FAIRFIELD – Extreme drought conditions have led Solano County to become one of 50 California counties included in a Department of Agriculture Disaster Secretary Act.

This designation makes emergency home loans of up to $ 500,000 available to farmers and ranchers who have suffered losses in physical production or yield as a direct result of thirst.

The deadline to apply is November 5th.

For more information, visit https://bit.ly/3eMYuxR or call the Solano County Agriculture Department at 784-1310.

When a tornado, flood or drought occurs, or a quarantine imposed by the Secretary of Agriculture, or when other natural disasters occur, the emergency loan program is available to help eligible farmers and ranchers who rebuild and recover from prolonged loss.

The emergency loan program is ensured when a natural disaster is designated by the Secretary of Agriculture or a natural disaster or emergency is declared by the president under the Stafford Act.

These loans assist manufacturers suffering from qualifying farm -related losses directly caused by a disaster in a province declared or designated as a major disaster or quarantine area. Also, farmers located in provinces associated with the declared, designated or quarantine area may be eligible for emergency loans.

For production losses, a 30% reduction in primary yield is required in a designated or contiguous province.

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