CDA’s new ag loan program takes next step

The Colorado Department of Agriculture is taking the next major step in establishing the Colorado Agricultural Future Loans Program to support beginning and underserved farmers through low-interest loans.

The state has posted an Invitation to Negotiate and is excited to collaborate with lending partners in this critical effort to make affordable loans available for farm to market infrastructure projects, as well as Colorado’s beginning or underserved farmers and ranchers who have not been able to take advantage of conventional financing options.  

The Colorado Agricultural Future Loans Program was established by the Colorado Legislature (Senate Bill 21-248), which appropriated $30 million to create a grant and revolving loan program to support Colorado farmers.

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