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Young Farmer Interest Rate Reduction Program

Reduces the loan interest rate for young farmers or ranchers who are starting or expanding agricultural businesses in Texas.     

  • Program Deadline:
    • Open Application    
  • Eligibility:
    • Must be 18 to 45 years old
    • Program encourages low interest commercial lending for agricultural purposes
  • Highlights:
    • Assists in the creation or expansion of agricultural enterprises
    • Provides lenders with an additional source of funds
    • Meets lenders underwriting requirements
    • Rate is subject to change each biennium
    • Maximum loan under this program is $500,000
    • FAQ's
  • Resources :

Contact Information Contact Information
Young Farmer Interest Rate Reduction Program
Karen Reichek
Texas Department of Agriculture - Director, Contracts and Grants
1700 N. Congress Avenue
2nd Floor
Austin, TX  78701
Phone: (512) 463-9932/6695
Toll Free: (800) TELL-TDA (835-5832)
Fax: (888) 223-8861

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Service Area
Statewide Program in:
  • Texas

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