INDIANA

Matt Tuohy
Indiana Development Finance Authority
One North Capitol Avenue, Suite 900
Indianapolis, IN 46204
(317) 233-4332
FAX (317) 232-6786
www.in.gov/idfa
mtuohy@idfa.state.in.us
Organization Began: 1990

Agricultural Loan and Rural Development Project Guaranty Program
1988
Matt Tuohy
Loan guaranties of up to $300,000

Value-added agricultural projects and rural development projects
Provides guaranties of loans to finance value-added agricultural projects and rural development projects that result in the creation of new jobs in the state of Indiana.

Capital Access Program (CAP)
1993
Matt Tuohy
Creates a cash reserve fund as security for the lender. Loans for equipment, livestock, buildings, operating lines of Credit, and other farm related needs.

The borrower, the lender and the IDFA each contribute a percentage of the loan into the lender’s reserve fund, which pools contributions from all CAP loans.

Aggie Bond Program
Program Revived: 1999
No volume to date; set aside $10 million cap to be used for aggie bonds.

Treasurer’s Agricultural Loan Program (TALP)
1999
Treasurer’s Office [317-232-6386] www.in.gov/tos/

TALP offers low interest loans through qualified institutions for agricultural production needs.

Funds will be deposited in the form of a certificate of deposit (CD). CD’s are not in any way pledged to the institutions in the event of a loan default. The financial institution may charge up to 2.5 percent more than the rate determined by the Treasurer of the State.

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