(Washington DC) U.S. Representatives Zach Nunn, of Iowa, and Nikki Budzinski, of Illinois, introduced a bipartisan bill to help bring the next generation of Iowans into family farming.
Audio PlayerZach Nunn said, the New Producer Economic Security Act would expand access to land and capital to support the next generation of farmers. He said the 2025 Farm Bill is an important opportunity to address the challenges keeping land out of reach for the next generation of farmers. The New Producer Economic Security Act would address this challenge by:
*Making funding available to entities that focus on strengthening land, capital and market access for new and beginning farmers.
*Providing funds for services that help farmers and ranchers acquire land, cover closing costs and down payments, secure clear titles, and access training and technical assistance.
*Prioritizing projects that give direct financial assistance to farmers, involve collaborative partnerships and transition farmland from existing producers to the next generation.
*Establishing a committee of stakeholders to develop a process for evaluating applications and distributing funds effectively.