HOME  |  SITE MAP  |  SEARCH  |  CONTACT    Twitter Facebook
31 Years

Affordable Farm FinancingBEGINNING FARMER/RANCHER LOAN PROGRAM

Affordable financing to help you get started

The Washington State Housing Finance Commission, in partnership with Northwest Farm Credit Services, provides low-interest loans to help new farmers get started with land, equipment, buildings, and even animals.
 

WHO CAN PARTICIPATE?

If you have never owned and operated a farm or ranch before, or if you have owned/operated one that was less than 30% of the county’s median farm size, you may be eligible. Median Farm Size Chart (Word)
 

HOW MUCH CAN I BORROW?

Loans from this program are limited to $517,700. (Other limits: up to $250,000 for depreciable farm property and up to $62,500 for used equipment/ personal property.) However, our financing can be combined with loans, grants or other funds for projects larger than $517,700.

food cropsOTHER REQUIREMENTS

The beginning farmer and rancher(s) and/or their children must directly manage and perform the labor for the farming operation. Off-farm income is permitted. The agricultural land, agricultural improvements and depreciable farm property acquired with proceeds of the bond must be used for farming purposes during the term of the bond.

WHAT CAN I FINANCE?

Agricultural land (no homes)

Buildings—new or existng

Agricultural improvements

Machinery and equipment

Animal stock

farmerwheatAPPLICATION PROCESS

Contact Wendy Knopp at Northwest Farm Credit Services prior to sending application or if you have questions about loan terms and qualifications: 509-340-5476 or email wendy.knopp@farm-credit.com

Download the Application (Word)

MORE RESOURCES

Download the Program Brochure (PDF)

Descripción del Programa en Español (PDF)

Highlights of the Farmer/Rancher Program

Resources for Beginning & Small-Scale Farmers and Ranchers in WA

Farm to Cafeteria Connections: Marketing Opportunities for Small Farms in WA

Washington State Farmers Market Manual

QUESTIONS

If you have questions concerning initial eligibility for the Beginning Farmer/Rancher Loan Program, please contact:

Dan Schilling, Senior Development Analyst
Multifamily Housing & Community Facilities Division
206.287.4415 or 800.767.4663 | dan.schilling@wshfc.org
 

David Clifton, Assistant Director
Multifamily Housing & Community Facilities Division
206.287.4407 or 800.767.4663 | david.clifton@wshfc.org

   

 
Home | Privacy Notice    Twitter Facebook
Administration | Careers | Commissioners | Housing Washington | Events | My View | Publications
Homeownership: Homebuyer Programs | Information for Lending and Real Estate Professionals
Multifamily Housing: 4% Housing Credit | 9% Housing Credit | 80/20 Bonds | 501(c)(3) Housing
Special Programs: Energy | Farmer/Rancher | Nonprofit Facilities | Land Acquisition Program
Property Managers: Asset Management and Compliance
Information for Investors: Official Statements, Annual Reports, Interim Information
     
Washington State Housing Finance Commission
1000 Second Avenue, Suite 2700, Seattle, WA 98104
Phone: 206-464-7139 or 800-767-4663 | Fax: 206-587-5113 | WebMaster@wshfc.org
©1998-2015 All Rights Reserved