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Farm Ownership Loans & Loan Guarantees
10.407
To assist farmers and ranchers become owner-operators of family farms, improve and expand current operations, increase agricultural productivity, and assist with land tenure to save farmland for future generations.
This chart shows obligations for the program by fiscal year. All data for this chart was provided by the
administering agency and sourced from SAM.gov, USASpending.gov, and Treasury.gov.
For more information on each of these data sources, please see the
About the data page.
The Agency estimates 8,876 Direct Farm Ownership loans being made in FY 2015 for total obligations estimated at $1,500,000,000. Through July 29, 2015 there were 4,438 loans made with a value of $803,008,000. The Agency estimates 4,785 Guaranteed Farm Ownership loans being made in FY 2015 for total obligations estimated at $2,000,000,000. Through July 29, 2015 there were 3.634 loans made with a value of $1,683,936,000. Direct Loans$1,007,898,000 Guaranteed Loans $2,041,130,000
Actual Direct Farm Ownership loans made in FY 2015 were 5,580 with actual obligations of $1,007,898,000.
Actual Guaranteed Farm Ownership loans made in FY 2015 were 4,389 with actual obligations of $2,041,130,000.
Direct OL: $1,050,000,000 Guaranteed FO: $2,500,000,000
The Agency estimates 5,800 Direct Farm Ownership loans being made in FY 2016 for total obligations estimated at $1,050,000,000. Through August 9, 2016 there were 4,829 loans made with a value of $869,905,000.
The Agency estimates 5,400 Guaranteed Farm Ownership loans being made in FY 2016 for total obligations estimated at $2,500,000,000. Through August 9, 2016 there were 4,465 loans made with a value of $2,192,316,000.
Direct OL: $1,500,000,000 Guaranteed FO: $2,000,000,000
The Agency estimates 8,300 Direct Farm Ownership loans being made in FY 2017 for total obligations estimated at $1,500,000,000.
The Agency estimates 4,300 Guaranteed Farm Ownership loans being made in FY 2017 for total obligations estimated at $2,000,000,000.
Fiscal Year 2023: In 2023, 6,276 Direct Farm Ownership Loans were approved for 6,037 applicants for a total of $1,813,318,571 obligated.
Fiscal Year 2023: In 2023, 2,429 Guaranteed Farm Ownership Loans were made to 2,169 borrowers for a total of $1,371,165,359 obligated.
Fiscal Year 2024: In 2024, 7,001 Direct Farm Ownership Loans were approved for 6,615 applicants for a total of $2,058,639,889 obligated.
Fiscal Year 2024: In 2024, 2,468 Guaranteed Farm Ownership Loans were made to 2,229 borrowers for a total of $1,485,764,734 obligated.
In 2025, 1423 Direct Farm Ownership Loans have been approved for 1370 applicants for a total of $149,212,830 obligated.
For 2025, 1970 Guaranteed Farm Ownership Loans have been made to 1665 borrowers with a total of $310,760,417 Obligated (Current FY).
Single Audit Applies (2 CFR Part 200 Subpart F):
For additional information on single audit requirements for this program, review the current Compliance Supplement.
OMB is working with the U.S. Government Accountability Office (GAO) and agency offices of inspectors general to include links to relevant oversight reports. This section will be updated once this information is made available.
