Cover photo for Pennsylvania Next Generation Farmer Loan Program

Pennsylvania Next Generation Farmer Loan Program

Pennsylvania Department of Community & Economic Development

The Next Generation Farmer Loan Program uses federal tax-exempt financing to reduce a farmer’s interest rate for capital purchases, such as the purchase of farm land or agricultural machinery and equipment.


  • Permanent Pennsylvania resident who are at least 18 at the time of the loan application

  • Must meet lender’s credit standards

  • Access to adequate working capital, farm equipment, etc.

  • Borrower must not have had any prior ownership of a substantial portion of land


The lender determines the interest rate and the terms of repayment.

Application Instructions


Financial Instrument


Maximum Award Amount


Updated April 22, 2024

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