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

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.

Read the complete article from the U.S. Department of Agriculture here.