Regenerative Agriculture Loan Pilot Program Launches

FBN® announced the launch of its Regenerative Agriculture Financing (RAF) Land Loan pilot program. The pilot program will provide approximately 20 farmers with discounted interest rates — ranging from 0.25% to 0.5% — on newly financed land for seven years. The rate discounts will be accessible for farmers who implement sustainable soil and water health practices and meet environmental criteria developed by Gradable and Environmental Defense Fund. The pilot program is supported by a $750,000 program-related-investment loan and grant from the Walton Family Foundation. Farmers can access loans to acquire or refinance farmland, expanding their operations or reducing current financing costs.