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KANSASBonnie Gauntt Program/Project Title: Beginning Farmer Loan Program Program Began: 1990 Contact Person: Bonnie Gauntt Cost/Funding: $48,180,950 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 $250,000 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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