[Sc-aquaponics] Fw: USDA Launches Loan Guarantee Program to Strengthen America’s Food Supply Chain

[Smith, Matthew A.]

Important news below from the NAA. Please share with your associations.

Matt

[The Ohio State University]
Matthew A. Smith
Aquaculture Extension Specialist

Madison County Extension Office
College of Food, Agricultural, and Environmental Sciences
217 Elm Street, London, Ohio 43140
740.852.0975 ext 17 Office
smith.11460 at osu.edu
________________________________
From: National Aquaculture Association <naa at thenaa.net>
Sent: Thursday, December 9, 2021 3:14 PM
To: Smith, Matthew A. <smith.11460 at osu.edu>
Subject: USDA Launches Loan Guarantee Program to Strengthen America’s Food Supply Chain

View this email in your browser<https://urldefense.com/v3/__https://mailchi.mp/8b82b6b45202/usda-launches-loan-guarantee-program-to-strengthen-americas-food-supply-chain?e=7abee8fe9e__;!!KGKeukY!l4-_9weNleGSpL1XCaXBIm0lgizyQBsM4WvzFyl_nL4Ww3aZzKWa-R7bYs6n66j_OmLs6w$>
[https://mcusercontent.com/2fd6b049df111d21175a95a39/images/26df3b62-e9a3-41c6-b0c3-08a64c4bf3e6.jpg]
December 9, 2021
USDA Launches Loan Guarantee Program
to Strengthen America’s Food Supply Chain
Program Will Unlock Approximately $1 Billion for Meat and Poultry Processors and Food Supply Chain Infrastructure

U.S. Department of Agriculture (USDA) Secretary Tom Vilsack today announced USDA is deploying $100 million under the new Food Supply Chain Guaranteed Loan Program<https://urldefense.com/v3/__https://thenaa.us6.list-manage.com/track/click?u=2fd6b049df111d21175a95a39&id=92d79602a8&e=7abee8fe9e__;!!KGKeukY!l4-_9weNleGSpL1XCaXBIm0lgizyQBsM4WvzFyl_nL4Ww3aZzKWa-R7bYs6n66j9F7hzAQ$> to make available nearly $1 billion in loan guarantees; these loan guarantees will back private investment in processing and food supply infrastructure that will strengthen the food supply chain for the American people.

USDA is making the funding available through the American Rescue Plan Act. The program is part of the Biden-Harris Administration’s efforts to address food system challenges dating back decades and further exacerbated<https://urldefense.com/v3/__https://thenaa.us6.list-manage.com/track/click?u=2fd6b049df111d21175a95a39&id=e90a6af6e2&e=7abee8fe9e__;!!KGKeukY!l4-_9weNleGSpL1XCaXBIm0lgizyQBsM4WvzFyl_nL4Ww3aZzKWa-R7bYs6n66hwUXQlvQ$> by the COVID-19 pandemic. These investments will help essential processing and supply chain infrastructure that will ultimately deliver more opportunities and fairer prices for farmers, they will give people greater access to healthier foods, and they will help eliminate bottlenecks in the food supply chain.

Food Supply Chain Guaranteed Loan Program
Through the Food Supply Chain Guaranteed Loan Program<https://urldefense.com/v3/__https://thenaa.us6.list-manage.com/track/click?u=2fd6b049df111d21175a95a39&id=b0d05f02ee&e=7abee8fe9e__;!!KGKeukY!l4-_9weNleGSpL1XCaXBIm0lgizyQBsM4WvzFyl_nL4Ww3aZzKWa-R7bYs6n66jbI9MiHw$>, USDA will partner with lenders to guarantee loans of up to $40 million to help eligible entities expand meat and poultry processing capacity and finance other food supply chain infrastructure. Lenders may provide the loans to eligible cooperatives, corporations, for profits, nonprofits, Tribal communities, public bodies and people in rural and urban areas.

USDA Rural Development (RD) will administer the loans. Funding may be used to:

  *   Start-up or expand food supply chain activities such as aggregating, processing, manufacturing, storing, transporting, wholesaling or distributing food.
  *   Address supply chain bottlenecks.
  *   Increase capacity and help create a more resilient, diverse and secure U.S. food supply chain

USDA is accepting electronic applications from lenders through the Food Supply Chain Online Application System<https://urldefense.com/v3/__https://thenaa.us6.list-manage.com/track/click?u=2fd6b049df111d21175a95a39&id=5f71fcc8e4&e=7abee8fe9e__;!!KGKeukY!l4-_9weNleGSpL1XCaXBIm0lgizyQBsM4WvzFyl_nL4Ww3aZzKWa-R7bYs6n66gAdu4Uwg$> until funds are expended. Paper applications will not be accepted. To access the online application system, lenders must submit a request to rdfoodsupplychainloans at usda.gov<mailto:rdfoodsupplychainloans at usda.gov>. For more information, visit www.rd.usda.gov/foodsupplychainloans<https://urldefense.com/v3/__https://thenaa.us6.list-manage.com/track/click?u=2fd6b049df111d21175a95a39&id=c51b570f3a&e=7abee8fe9e__;!!KGKeukY!l4-_9weNleGSpL1XCaXBIm0lgizyQBsM4WvzFyl_nL4Ww3aZzKWa-R7bYs6n66g_oZFOIQ$> or see the notice published in the Dec. 9 Federal Register<https://urldefense.com/v3/__https://thenaa.us6.list-manage.com/track/click?u=2fd6b049df111d21175a95a39&id=80b02e97fc&e=7abee8fe9e__;!!KGKeukY!l4-_9weNleGSpL1XCaXBIm0lgizyQBsM4WvzFyl_nL4Ww3aZzKWa-R7bYs6n66iK1rqQ9Q$>.

USDA Rural Development encourages applications for projects that advance the recovery from the COVID-19 pandemic, promote equitable access to USDA programs and services, and reduce the impacts of climate change on rural communities. For more information, visit www.rd.usda.gov/priority-points<https://urldefense.com/v3/__https://thenaa.us6.list-manage.com/track/click?u=2fd6b049df111d21175a95a39&id=1682ed79f4&e=7abee8fe9e__;!!KGKeukY!l4-_9weNleGSpL1XCaXBIm0lgizyQBsM4WvzFyl_nL4Ww3aZzKWa-R7bYs6n66g7lFXdXg$>.

A program fact sheet can be accessed here<https://urldefense.com/v3/__https://thenaa.us6.list-manage.com/track/click?u=2fd6b049df111d21175a95a39&id=1e2cce3e7b&e=7abee8fe9e__;!!KGKeukY!l4-_9weNleGSpL1XCaXBIm0lgizyQBsM4WvzFyl_nL4Ww3aZzKWa-R7bYs6n66jKhovdMg$>.
Visit the NAA website for...
Informational videos, webinars, request publications,
download policy statements or renew or join as a member.
GO TO WEBSITE<https://urldefense.com/v3/__https://thenaa.us6.list-manage.com/track/click?u=2fd6b049df111d21175a95a39&id=90f7631412&e=7abee8fe9e__;!!KGKeukY!l4-_9weNleGSpL1XCaXBIm0lgizyQBsM4WvzFyl_nL4Ww3aZzKWa-R7bYs6n66gztQGSRg$>
[Facebook]<https://urldefense.com/v3/__https://thenaa.us6.list-manage.com/track/click?u=2fd6b049df111d21175a95a39&id=2c4a30c5b1&e=7abee8fe9e__;!!KGKeukY!l4-_9weNleGSpL1XCaXBIm0lgizyQBsM4WvzFyl_nL4Ww3aZzKWa-R7bYs6n66iDQa-8_Q$>       Facebook<https://urldefense.com/v3/__https://thenaa.us6.list-manage.com/track/click?u=2fd6b049df111d21175a95a39&id=fe4d470d7e&e=7abee8fe9e__;!!KGKeukY!l4-_9weNleGSpL1XCaXBIm0lgizyQBsM4WvzFyl_nL4Ww3aZzKWa-R7bYs6n66gP7OHAzA$>
[Twitter]<https://urldefense.com/v3/__https://thenaa.us6.list-manage.com/track/click?u=2fd6b049df111d21175a95a39&id=fa03b6ad7b&e=7abee8fe9e__;!!KGKeukY!l4-_9weNleGSpL1XCaXBIm0lgizyQBsM4WvzFyl_nL4Ww3aZzKWa-R7bYs6n66iJ715tDQ$>        Twitter<https://urldefense.com/v3/__https://thenaa.us6.list-manage.com/track/click?u=2fd6b049df111d21175a95a39&id=481e38b921&e=7abee8fe9e__;!!KGKeukY!l4-_9weNleGSpL1XCaXBIm0lgizyQBsM4WvzFyl_nL4Ww3aZzKWa-R7bYs6n66iBKXglaA$>
[Instagram]<https://urldefense.com/v3/__https://thenaa.us6.list-manage.com/track/click?u=2fd6b049df111d21175a95a39&id=1c92822b8f&e=7abee8fe9e__;!!KGKeukY!l4-_9weNleGSpL1XCaXBIm0lgizyQBsM4WvzFyl_nL4Ww3aZzKWa-R7bYs6n66j1WE8ECw$>      Instagram<https://urldefense.com/v3/__https://thenaa.us6.list-manage.com/track/click?u=2fd6b049df111d21175a95a39&id=fd4bf94f58&e=7abee8fe9e__;!!KGKeukY!l4-_9weNleGSpL1XCaXBIm0lgizyQBsM4WvzFyl_nL4Ww3aZzKWa-R7bYs6n66ghO7cEjw$>
Copyright © 2021 naa at thenaa.net, All rights reserved.
You are receiving this email because you are an NAA Member and supporter.

Our mailing address is:
naa at thenaa.net
PO Box 12759
Tallahassee, FL 32317-2759

Add us to your address book<https://urldefense.com/v3/__https://thenaa.us6.list-manage.com/vcard?u=2fd6b049df111d21175a95a39&id=13607cfcca__;!!KGKeukY!l4-_9weNleGSpL1XCaXBIm0lgizyQBsM4WvzFyl_nL4Ww3aZzKWa-R7bYs6n66jqxguWHQ$>




-------------- next part --------------
An HTML attachment was scrubbed...
URL: <http://lists.osu.edu/pipermail/sc-aquaponics/attachments/20211209/d08f3829/attachment-0001.html>