USDA designates 2 counties in Colorado as top natural disaster areas
WASHINGTON – Agriculture Secretary Sonny Perdue has designated two counties in Colorado as major natural disaster areas. Producers in Lake and Summit counties who have suffered losses due to the recent drought may be eligible for emergency loans from the Agricultural Services Agency of the United States Department of Agriculture.
This natural disaster designation allows the FSA to provide much-needed emergency credit to producers recovering from natural disasters. Emergency loans can be used to meet a variety of recovery needs, including replacing essential items such as equipment or livestock, reorganizing a farm, or refinancing certain debts.
Growers in contiguous Colorado counties of Chaffee, Clear Creek, Eagle, Grand, Park, and Pitkin can also apply for emergency loans.
The deadline to apply for these emergency loans is April 21, 2021.
FSA will review loans based on the extent of losses, available collateral, and repayment capacity.
FSA has a variety of additional programs to help farmers recover from the impacts of this disaster. FSA programs that do not require a disaster declaration include: Emergency Aid Program for Livestock, Bees and Farmed Fish; Emergency conservation program; Cattle Forage Disaster Program; Livestock Compensation Program; Farm operating and property loans; and the Tree Assistance Program.
Farmers can contact their local USDA service center for more information on eligibility requirements and application procedures for these and other programs. Additional information is also available online at farms.gov/recover.