, Provided by:

Veteran or Young Farmer Grant/Loan (Oklahoma Dept. of Agriculture, Food and Forestry)

Program Details:

Description

Offers an opportunity for young farmers and veterans involved in agriculture to apply for a veteran or young farmer grant or loan.


Elligibility

21 Years of age, Legal Resident of Oklahoma, fit one of the following definitions:• Veteran farmer means an individual who served in the United States Army, Navy, Marine Corps, Air Force, or Coast Guard, including the reserve components thereof, and who was discharged or released under conditions other than dishonorable.

• Young farmer means an individual under forty-five (45) years of age.


Available Funding

Grants are available in three levels not to exceed $10,000.Grants $2,500 or less requires no matching funds.

Grants $2,501 – $5,000 require 25% cash or in-kind match in funds.

Grants $5,001 – $10,000 require a dollar-for-dollar cash match.

ALL APPLICATIONS more than $10,000 will be considered as a loan


Length of Contracts

All contracts are for 12 months with the ability to renew for an additional 12 if it is necessary and approved by the committee.


Cost-share requirements?

Grants are available in three levels not to exceed $10,000.Grants $2,500 or less requires no matching funds.

Grants $2,501 – $5,000 require 25% cash or in-kind match in funds.

Grants $5,001 – $10,000 require a dollar-for-dollar cash match.

ALL APPLICATIONS more than $10,000 will be considered as a loan


Required Documentation (prove ownership/lease arrangements)

Do not require any additional required documentation.


Contact

Jason Harvey at (405) 606-1477 Jason.harvey@ag.ok.gov