Investment

USDA Designates Thirty -Six Mississippi Counties as a Major Natural Disaster Risk | News

Booneville • Administrator Zach Ducheneaux designated thirty -six (36) counties in the State of Mississippi as major natural disaster areas. Manufacturers in Adams, Amite, Attala, Benton, Bolivar, Calhoun, Carroll, Chickasaw, Choctaw, Clay, Coahoma, Copiah, Covington, Franklin, Holmes, Itawamba, Jones, Lee, Lincoln, Lowndes, Marshall, Monroe, Montgomery, Neshoba, Oktibbeha, Panola, Pike, Pontotoc, Prentiss, Simpson, Tippah, Union, Webster, Wilkinson, Winston, and Yazoo counties that suffered physical damage and losses caused by a winter storm, excessive snow, excessive ice, freezing, high winds, hail, and heavy rain that occurred in Feb. 15, 2021 to February 18, 2021, may be eligible for U.S. Department of Agriculture (USDA) emergency loans.

This natural disaster designation allows the FSA to extend the required emergency credit to manufacturers recovering from natural disasters. Emergency loans can be used to meet a variety of recovery needs including replacement of essential items such as equipment or animals, reorganizing a farming operation or refinancing certain debts.

Manufacturers in the contiguous provinces of Alcorn, Claiborne, DeSoto, Forrest, Grenada, Hinds, Humphreys, Issaquena, Jasper, Jefferson, Jefferson Davis, Kemper, Lafayette, Lamar, Lauderdale, Lawrence, Leake, Leflore, Madison, Newton, Noxubee, Perry, Quitman, Rankin, Sharkey, Smith, Sunflower, Tallahatchie, Tate, Tishomingo, Tunica, Walthall, Warren, Washington, Wayne, and Yalobusha are also eligible to apply for emergency loans.

The deadline to apply for emergency loans is January 10, 2022.

The FSA will review debts based on the extent of losses, security available and ability to repay.

The FSA has a variety of additional programs to help farmers recover from the effects of this disaster. FSA programs that do not require a disaster declaration include: Emergency Assistance for Livestock, Honeybees and Farm-Raised Fish Program; Emergency Conservation Program; Livestock Forage Disaster Care Program; Livestock Reduction Program; Farm Operation and Ownership Loans; and the Tree Assistance Program.

Farmers can contact their local USDA service center for more information about eligibility requirements and application procedures for these and other programs. More information is also available online at https://www.farmers.gov/recover.

Leave a Reply

Your email address will not be published. Required fields are marked *