August 9, 2024

Florida farmers impacted by Hurricane Debby can apply for low-interest and interest-free loans

TALLAHASSEE, Fla. — Today, Florida Commissioner of Agriculture Wilton Simpson announced that Florida farmers, ranchers, and growers impacted by Hurricane Debby can now apply for low-interest and interest-free loans through the Agriculture and Aquaculture Producers Natural Disaster Recovery Loan Program. Loans can be used by eligible agriculture and aquaculture producers to restore, repair, or replace essential physical property — including fences, equipment, greenhouses, and other buildings — or to remove vegetative debris.

“Supporting our farmers, ranchers, and growers in the aftermath of a natural disaster is not just about rebuilding and replanting — it's about safeguarding our state and nation's food security,” said Commissioner Wilton Simpson. “By providing immediate and efficient financing to our food producers through the Natural Disaster Recovery Loan Program, we're ensuring that Florida's agriculture continues to thrive and sustain us all.”

Impacted producers are encouraged to take photos of any property damage sustained from Hurricane Debby and to save all receipts for recovery efforts and supplies. Specific details on the application process are available on the program’s webpage.

Agriculture and Aquaculture Producers Natural Disaster Recovery Loan Program

• Low-interest or interest-free loans up to $500,000 for eligible agriculture and aquaculture producers that have experienced damage or destruction from Hurricane Debby.
• Loans may be used to restore, repair, or replace essential physical property, including fences, equipment, greenhouses, and other buildings, or to remove vegetative debris.
• Interested producers can learn more or apply here.

Producers that were previously awarded funds for damages sustained from Hurricane Idalia are eligible to apply for damage sustained from this disaster. The program is still accepting applications from producers impacted by Hurricane Idalia until August 29, 2024.

During a special legislative session in November of 2023, the Florida Legislature passed House Bill 1-C, which provided $75 million to the Florida Department of Agriculture and Consumer Services for a revolving loan fund to support impacted agriculture and aquaculture producers recover from natural disasters.

For more information about Commissioner Simpson and the Florida Department of Agriculture and Consumer Services, visit FDACS.gov.

Link to orginal post: https://www.fdacs.gov/News-Events/Press-Releases/2024-Press-Releases/Commissioner-of-Agriculture-Wilton-Simpson-Launches-Natural-Disaster-Recovery-Loan-Program-for-Florida-Farmers-Impacted-by-Hurricane-Debby