USDA Announces Availability of Low-Interest Loans for Fire Recovery
USDA announced on Monday that it will make available low-interest loans to help producers impacted by this summer’s devastating wildfires.
These physical loss loans will be made to help producers repair or replace damaged or destroyed physical property that is essential to the success of the operation. In the case of fire, this can mean fixtures to real estate, essential buildings, and equipment. The physical loss loans can also be used to replace livestock lost during the course of a fire.
Eligibility for this loan will be triggered for any wildfire that occurred June 1, 2021 or after. Gila and Pinal Counties, as well as the contiguous counties of Coconino, Graham, Maricopa, Navajo, Pima, and Yavapai, are all eligible. Applications are due no later than February 28, 2020.
On farmers.gov, the Disaster Assistance Discovery Tool, Disaster-at-a-Glance fact sheet, and Farm Loan Discovery Tool can help you determine program or loan options. To file a Notice of Loss or to ask questions about available programs, contact your local USDA Service Center.
For more information about assistance available to ranchers impacted by wildfire, as well as updates on the availability of state funds for fire relief, visit www.azfb.org/fire.