Ag BMP Loan Program Guidelines

Table of Contents

Ag BMP LOAN PROGRAM ENABLING LEGISLATION

AVAILABILITY OF LOAN FUNDS

WHO IS ELIGIBLE FOR LOAN ASSISTANCE

EXPLANATION OF ACRONYMS AND ABBREVIATIONS

LOAN AMOUNTS AVAILABLE

REPAYMENT PERIOD

BMPs THAT ARE ELIGIBLE FOR LOAN FUNDING

INTEREST RATE AND LOAN FEES

ELIGIBLE EXPENSES

INELIGIBLE EXPENSES

Ag BMP LOAN PROCESS OVERVIEW

Pre-Application

Priority Ranking

Conservation Plans

Right of Appeal

Loan Application and Credit Review

Design

Loan Approval

Loan Agreement

Construction Start & Interim Disbursement

Construction Completion & Final Disbursement

Loan and Fund Maintenance

Late Payments & Loan Default

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