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KS
Kansas Development Finance Authority (KDFA) Beginning Farmer Bond Program
Tax-exempt bond program enabling beginning Kansas farmers to finance agricultural activities at below-market rates. Borrowing up to $649,400 for purchasing agricultural land, farm buildings, equipment, and breeding livestock.
About this program
Visit the program website for full details.
Eligibility
Individuals who have not previously owned any substantial amount of farmland. Program allows lenders to offer below-market interest rates via federal and state tax-exempt bond financing.
Requirements
- Applicant may not have previously owned any substantial amount of farmland
- Maximum borrowing limit of $649,400 subject to lender approval
- Eligible uses include agricultural land, farm buildings, farm equipment, and breeding livestock