Farmers Home Administration

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The Farmers Home Administration (FmHA) is a former U.S. government agency, which was established in August 1946 to replace the Farm Security Administration, which superseded the Resettlement Administration during the Great Depression. FmHA mission and programs involved extending credit for agriculture and rural development. Direct and guaranteed credit went to individual farmers, low-income families, and seniors in rural areas. Loans were authorized for housing, farm improvement, water systems, and emergency relief. FmHA also gave loans and grants for rural development. Between 1947 and 1994, the FmHA expanded the availability of credit and the size of loans. [1]

In the later years, the FmHA extended credit to individuals and communities for non-farm use. In 1994, the USDA was reorganized and the functions of FmHA were transferred to the Farm Service Agency. In 2006, the FmHA was fully terminated, and to date, no other program has replaced it.

See also[edit]

Rural Economic and Community Development Service at http://ric.nal.usda.gov/community-development-resources/economic-and-rural-development

References[edit]