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Green County among recipients of AILP Loans Poultry Houses, Land Among 11 Approved Loans By Angela Blank Cadiz, KY -- The Kentucky Agricultural Finance Corp. (KAFC) approved $1,579,355 in 11 agricultural loans for projects in the Commonwealth at its board meeting on July 17, 2015. Agricultural Infrastructure Loan Program (AILP) Six Agricultural Infrastructure loans were approved for $653,600 and include Calloway (2), Daviess, Edmonson, Green and Ohio counties. Through AILP, KAFC participates with lenders to provide financing to producers making capital expenditures for agricultural projects. Eligible projects include permanent farm structures and permanently attached equipment that enhance the profitability of the farming operation. Beginning Farmer Loan Program (BFLP) Beginning Farmer loans totaled $925,755 to five recipients, including the following counties: Carlisle, Graves, Henry, McLean, and Woodford. BFLP is designed to assist individuals with some farming experience who desire to develop, expand or buy into a farming operation. Beginning farmers may qualify for financing to purchase livestock, equipment or agriculture facilities; to secure permanent working capital; for the purchase of farm real estate; or to invest in a partnership or LLC. For more information on the programs offered by the KAFC, contact Bill McCloskey, director of financial services, at (502) 564-4627 or visit the KAFC webpage at kafc.ky.gov This story was posted on 2015-07-23 07:17:33
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$500,000 Loan Forgiveness Program for KY Dental Students Gov. Beshear: Continued Investment Drives Kentucky's Progress Jobless rate in Kentiucky at 5.1 percent in June 2015 Attorney General Conway warns against storm-related price gouging and scams Gov. Beshear statement on today's meeting with Casey Co. Clerk First Lady Beshear Honors London as a Kentucky 'Trail Town' Leslie County woman sentenced to prison in bank fraud case Gov. Beshear: No special session needed Gov. Beshear Celebrates Governor's Cup Award in Lexington State property tax rate unchanged for 2015 View even more articles in topic Kentucky |
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