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Texas completes credit initiative training for FmHA staff
FmHA state director J. Lynn Futch reports Texas employees from state and local offices completed an intensive training session and are ready to implement Reagan administration credit initiatives. The plan allows up to 25 percent debt relief to $200 000 for five years without interest for farmers, 90 percent loan guarantees for non FmHA borrowers with at least 10 percent debt write off, and external servicing help to improve cash flow and repayments.
MENTIONED IN THIS ARTICLE
Texas
Farmers Home Administration
Fmha
Presiden Reagan
J. Lynn Futch
State Farmer Programs
Washington
Futch