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|How $1.9 Trillion COVID Relief Bill Aims To Help Black And Socially Disadvantage by Thaliafy: 2:39am On Mar 14, 2021|
WASHINGTON — Tucked into the massive $1.9 trillion COVID-19 relief bill signed into law by President Joe Biden on Thursday was a provision aimed at benefiting farmers of color who are socially disadvantaged, in a move to cover outstanding debt.
The provision, which was drawn from the Emergency Relief for Farmers of Color Act, was inserted into the relief package and includes $5 billion of which will go to socially disadvantaged farmers of color. These include Black, Hispanic, Native American or Asian American farmers. Four billion dollars would go toward covering up to 120% of outstanding debt, and another $1 billion is designated for outreach, training, education, technical assistance and grants.
It’s part of the $10.4 billion provided in the package for agricultural and food supply sectors.
The inclusion of relief for farmers of color has been hailed as vital to addressing historic inequalities, particularly for Black farmers, whose numbers have been in decline and who have faced discrimination.
The loan provision is intended to “address the historical discrimination against socially disadvantaged farmers and ranchers and address issues” related to the coronavirus pandemic, according to the text of the bill.
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