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Inflation Reduction Act in Action: Keeping Farmers Farming

Marcus Milford of Alexander City, Ala., was one of the more than 20,000 producers who received life-changing, transformational support from the U.S. Department of Agriculture (USDA) through the Inflation Reduction Act (IRA). His poultry operation faced challenges due to market impacts of the pandemic. Through the IRA, USDA was able to provide approximately $1.1 billion in immediate assistance for distressed borrowers, including those who were behind on their USDA farm loans, to help make them current.

 

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