
Pennsylvania Next Generation Farmer Loan Program
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.
Eligibility
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Permanent Pennsylvania resident who are at least 18 at the time of the loan application
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Must meet lender’s credit standards
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Access to adequate working capital, farm equipment, etc.
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Borrower must not have had any prior ownership of a substantial portion of land
Terms
The lender determines the interest rate and the terms of repayment.
Application Instructions
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Details
Financial Instrument
Loan
Maximum Award Amount
$649,000
Updated July 10, 2025
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