Limited-Resource Farmer Loans: More Can Be Done to Achieve Program Goals and Reduce Costs.
Abstract
Since 1978 the Farmers Home Administration has provided more than a billion dollars in low-interest loans to borrowers with limited resources, such as new farmers, disadvantaged farmers, and farmers making changes in their operations who lack the income, credit, or resources necessary to succeed in farming. This report discusses the improvements needed in program administration and design to: (1) provide more management assistance to borrowers by relying on the services of other Department of Agriculture agencies; (2) safeguard program funds against misuse; and (3) reduce interest subsidy costs.
Document Details
- Document Type
- Technical Report
- Publication Date
- Aug 31, 1981
- Accession Number
- ADA106579
Entities
Organizations
- United States Government Accountability Office