Farm Loan Borrower Relief Program

The Department of Agriculture Farm Service Agency administers the Farm Loan Borrower Relief Program (CFDA 10.970), which provides direct financial assistance to distressed farm loan borrowers under authority of Section 22006 of the Inflation Reduction Act of 2022, with a program end date of September 30, 2031 or until the $3.1 billion appropriation is exhausted.

The program funds payment relief and loan modifications for farmers and ranchers whose direct or guaranteed farm loan operations face financial distress or are at risk of becoming financially distressed. Assistance takes the form of credits applied directly to borrower accounts, monies credited to accounts, or reimbursement for payments already made on guaranteed loans. FSA staff apply payments and modifications to accounts after determining borrower eligibility; recipients receive notification of eligibility status and appeal rights.

This is a relief and modification program rather than a traditional grant-making vehicle—funds flow directly to eligible farm loan borrowers through account credits and payment relief rather than through competitive application or institutional intermediaries. The program operates under a $3.1 billion budget ceiling with a statutory sunset of September 30, 2031. Recipients and subrecipients must retain all federal award records for three years from submission of their final financial report.

The source provided contains no grant-award portfolio block, recent grant awards, or open grant opportunities. This reflects the program's character as a direct-relief mechanism administered through FSA's existing loan servicing infrastructure rather than a competitive grants program. Eligibility is determined by loan account status and financial distress criteria rather than by application submission. Organizations seeking to participate should verify current eligibility criteria and contact FSA directly, as the summary source does not detail application procedures, specific distress thresholds, or active intake status.