To donate directly to the Vermont Farm Fund, click the Google Donate Button Below:
Vermont Farm Fund - Emergency Loan Program
The purpose of this emergency loan is to assist Vermont farmers who have suffered agricultural loss and damage because of the flooding from Hurricane Irene in August 2011. By offering a quick, zero-interest loan, we hope to provide assistance to farmers and farm businesses who are struggling to meet their immediate needs in the aftermath of the flooding and havoc wreaked by the storm.
Read the loan announcement here
Application and more information can be downloaded here
-----
Deadline:
There is no deadline. Applications will be accepted and considered on a rolling basis.
Decisions:
Decisions will be made within 14 business days of receiving application by a team of people from a variety of agricultural backgrounds.
Loan Amount and Rate:
$5,000 at a 0% interest rate, payable over 2 years with flexible payment start date.
$10,000 at 0% interest rate, payable over 2 years with flexible payment start date.
Who May Apply:
Loan applications will be accepted from farm owners who reside and operate in the state of Vermont and whose gross annual sales for 2010 are $20,000 or more. If gross annual sales are less than $20,000, please contact Elena Gustavson for more information. Loans will be considered on a first come, first serve basis as long as there are funds available for dispersal.
Other Requirements:
-
Successful applicants must have an account where direct deposit transactions can occur.
-
A 2010 Schedule F or other supporting documentation of income statement must be provided at the time of application.
-
Three personal references will be required, including one reference from a place of business that you have worked with.
Many, many thanks to our volunteer members of the Vermont Farm Fund Advisory Board:
Vern Grubinger of Brattleboro
Robin McDermott of Waitsfield
Bruce Urie of Craftsbury
Pete Johnson of Pete's Greens
Monty Fischer of Center for an Agricultural Economy
