Description
Emergency lending policy for agricultural and land-based businesses facing drought or crop failure. Covers: triggering event (drought declarations, regional crop or pasture failure); eligible producers (crop, livestock, horticulture, harvesters); impact verification; eligible uses (feed and water hauling, herd maintenance, replacement seed, irrigation repairs); seasonal and harvest-aligned repayment schedules; coordination with AgriRecovery, AgriStability and crop insurance to avoid duplication; herd and equipment security; deferral terms; approval authority; monitoring; and program sunset.
