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USDA provides payments of nearly $800 million
The U.S. Department of Agriculture (USDA) today announced that distressed borrowers with qualifying USDA farm loans have already received nearly $800 million in assistance, as part of the $3.1 billion in assistance for distressed farm loan borrowers provided through Section 22006 of the Inflation Reduction Act (IRA).
The IRA directed USDA to expedite assistance to distressed borrowers of direct…