Michigan Field Office: FSA Expands Set-Aside Loan Provision for Customers Impacted by COVID-19
May 22, 2020
May 22, 2020
WASHINGTON, May 22 -- The U.S. Department of Agriculture's Farm Service Agency - Michigan Field Office issued the following news release:
USDA's Farm Service Agency (FSA) will broaden the use of the Disaster Set-Aside (DSA) loan provision, normally used in the wake of natural disasters, to allow farmers with USDA farm loans who are affected by COVID-19, and are determined eligible, to have their next payment set aside. In some cases, FSA may also set aside a second payment for farme . . .
USDA's Farm Service Agency (FSA) will broaden the use of the Disaster Set-Aside (DSA) loan provision, normally used in the wake of natural disasters, to allow farmers with USDA farm loans who are affected by COVID-19, and are determined eligible, to have their next payment set aside. In some cases, FSA may also set aside a second payment for farme . . .