Biden-Harris Administration Announces Intended Investment of Approximately $300 Million in 50 Projects Increasing Land, Capital, and Market Access for Underserved Producers

22 Jun 2023


News

WASHINGTON, June 22, 2023 – The U.S. Department of Agriculture (USDA) today announced its selection of 50 projects for potential award, totaling approximately $300 million. These innovative projects will help improve access to land, capital, and markets for underserved farmers, ranchers, and forest landowners. The Increasing Land, Capital, and Market Access (Increasing Land Access) Program, which is funded by President Biden’s Inflation Reduction Act, works to increase access to farm ownership opportunities, improve results for those with heirs’ property or fractionated land, increase access to markets and capital that affect the ability to access land, and improve land ownership, land succession and agricultural business planning.

“Land access, market access and capital are critical to the success of the hardworking producers who keep agriculture thriving,” said Agriculture Secretary Tom Vilsack. “Underserved producers have not had access to the amount of specialized technical support that would increase opportunities to access and capital and benefit the launch, growth, resilience, and success of their agricultural enterprises. The Increasing Land Access Program is part of the Biden-Harris administration’s commitment to advancing equity for all, including people who have been underserved, marginalized, and adversely affected by inequality, by providing the resources, tools and technical support needed to directly help local farmers and ensure we have a strong agricultural system across the country.”

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