Low interest loans for flooding losses are available
Delta County Emergency Management Coordinator Monty Hobbs would like citizens to be informed of low interest loans for agricultural losses due to the Spring storms and flooding. Invoked in this time frame are losses incurred from May 4 to June 22, 2015.
On July 21, 2015 United States President Obama declared Red River County as a primary natural disaster area. In addition to this six other counties including: Bowie, Delta, Franklin, Lamar, Morris and Titus are named as contiguous counties where eligible family farmers may qualify for Farm Service Agency (FSA) EM loan assistance, pursuant to section 321(a) of the Consolidated Farm and Rural Development Act. Choctaw and McCurtain Counties in Oklahoma were also included in this designation.
“Anyone suffering income losses such as loss of cattle, crop or hay sales and is in need of a loan to assist in recovery from those losses, may be eligible,” said DC EMC Monty Hobbs, as he posted the notices on the Delta County Courthouse doors and bulletin board.
He emphasized that Delta County is not involved in the administration of the loans but just informing the public of the availability. FSA will consider each loan application on its own merits, taking into account the extent of losses, security available and repayment ability. Loan applications deadline is through March 21, 2016.
Contact FSA Service Center Office, Hopkins County Farm Service Agency, 530 N. Hillcrest Dr. #C, Sulphur Springs, Texas 75482, 903-885-4433 ext. 2. Contact County Executive Director LaCresha Dale at firstname.lastname@example.org or Farm Loan Manager Heather Cox at email@example.com.