New heirs' property relending program applications open

From Montana Farm Services Agency

Intermediary lenders can now apply for loans through the new Heirs’ Property Relending Program.

The U.S. Department of Agriculture is accepting applications today through Oct. 29 and cooperatives, credit unions and nonprofit organizations are encouraged to apply for these competitive loans, which ultimately will help agricultural producers and landowners resolve heirs’ land ownership and succession issues.

“Heirs’ property issues have long been a barrier for many producers and landowners to access USDA programs and services, and this relending program provides...