Biden farm debt relief plan to exclude thousands of minority farmers

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Biden farm debt relief plan to exclude thousands of minority farmers
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The latest version of the Biden administration’s plan to forgive billions of dollars in farm debt - initially targeted at farmers of color - will exclude thousands of its originally intended recipients because of a change in loan eligibility, according to government data reviewed by Reuters.

in the Senate, would make farmers eligible for debt relief according to their economic insecurity rather than race.

In addition to eligibility changes, the use of economic metrics could itself also leave out some farmers of color, said a congressional staffer familiar with the policy details, but who also asked not to be named. Forgiveness of his $500,000 in FSA debt would be a game-changer for Meeks, who has been trying to move his family to a better location for his children’s education, but cannot get bank approval.But some of his loans are guaranteed, so they would not be eligible for relief under the BBBA program. Without the debt relief, Meeks said his options are limited.

The judge in the U.S. District Court in the Northern District of Texas, where the lawsuit is being heard, is likely to follow a Sixth Circuit Court of Appeals decision in May that deemed another ARPA program that sought to allocate relief by race to be unconstitutional, she said.

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