KANSAS

Bonnie Gauntt, Administrative Assistant
Kansas Development Finance Authority
555 S Kansas Ave, Ste 202
Topeka, KS 66603-3423
Telephone: (785) 357-4445 Ext. 301 FAX: (785) 357-4478
E-mail Address: bgauntt@kdfa.org
Website: www.kdfa.org
Organization Began: 1987

Program/Project Title: Beginning Farmer Loan Program
Program Began: 1990
Contact Person: Bonnie Gauntt
Cost/Funding: $56,349,365 since its inception
Target Group: Beginning farmers
Description: Available to individuals who have had no substantial ownership interest in farmland. Items that can be financed include agricultural land, agricultural improvements, depreciable agricultural property such as new and used equipment and breeding stock. Loans can be made up to a maximum of aggregate base amount of $450,000, indexed annually for inflation per person for a lifetime use, with no minimum amount and no net worth requirements. Loans can be made for this program with lenders, contract-for-deed sellers or individuals acting as the bond purchasers.

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