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Interest Rate Reduction Program - Texas

Reduces the loan interest rate for people starting or expanding agricultural businesses in Texas.    

  • Program Deadline:
    • Open Application    
  • Eligibility:
    • 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
    • $500,000 maximum loan amount
    • FAQ's
  • Resources:


Contact Information Contact Information
Interest Rate Reduction Program - Texas
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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