Low-Interest Loans Available for New York Producers Affected by Natural Disasters

More information: USDA

Emergency Support to Producers in Surrounding Counties/Border States Also Available

SYRACUSE, New York. February 22, 2021 — New York agricultural producers who lost property due to recent natural disasters may be eligible for U.S. Department of Agriculture (USDA) physical loss loans. The Farm Service Agency (FSA) offers these low-interest loans to agricultural producers in Broome, Otsego, Saratoga, Tioga and Washington counties who incurred losses caused by excessive snow that occurred Dec. 16 to Dec. 17, 2020. Approval is limited to applicants who suffered severe physical losses only, including the loss of buildings and livestock. Applications are due by Oct. 18, 2021.

“New York’s hardworking ag producers feed our neighbors, the nation, and the world,” said Acting State Executive Director Mark Dennis. “When they suffer losses because of extreme weather, helping them get back on their feet is important. We encourage those affected to reach out to their local USDA Service Center to apply for these emergency loans.”

Producers in the contiguous counties listed below are also eligible to apply for emergency loans:

  • New York: Albany, Chemung, Chenango, Cortland, Delaware, Essex, Fulton, Hamilton, Herkimer, Madison, Montgomery, Oneida, Rensselaer, Schenectady, Schoharie, Tompkins and Warren.
  • Pennsylvania: Bradford, Susquehanna and Wayne
  • Vermont: Addison, Bennington and Rutland.

Physical loss loans can help producers repair or replace damaged or destroyed physical property essential to the success of the agricultural operation, including livestock losses. Examples of property commonly affected include essential farm buildings, fixtures to real estate, equipment, livestock, perennial crops, fruit and nut bearing trees and harvested or stored crops and hay.

For more information on FSA disaster assistance programs or to find your local USDA Service Center visit farmers.gov/recover.

Last updated March 30, 2021