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Veterans Land Board suspends farm loan program amid backlog
The Veterans Land Board will suspend its farm and ranch loan program after December 31 for three to six months to clear a backlog of about 10 000 applications. Executive secretary Richard Keahey says the pause will speed future processing once applications resume. Armstrong notes high demand stems from a loan cap increase and limited loan money from other sources. The board plans to issue notices to applicants and may sell part of remaining bonds to fund loans.
MENTIONED IN THIS ARTICLE
Janie Paleschic
Wwe
The
Light
Austin Bureau
Austin
Veterans Land Board
Bob Armstrong
Richard Keahey
Keahey
Armstrong