Young Farmers Program Now Accepting Loan Applications

Feb 18, 2013 -- 9:54am

Young Delaware farmers seeking to purchase land may be able to receive assistance through an innovative State of Delaware program.

The Young Farmers Program is now accepting applications for its third round of funding, with applications due March 31.

The program provides long-term, no-interest loans to help eligible farmers purchase land. Eligible farmers must be between the ages of 18 and 40, have at least three years of farming experience and a net worth of no more than $300,000. The loan money is used to help purchase farmland in Delaware that contains at least 15 tillable acres zoned for agricultural use.

 

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