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USDA operates a number of programs aimed at furthering the economic development of Rural
America and is responsible for coordinating the rural activities of other Federal agencies. ERS
assesses funding, policy decisions, and the economic impact of Federal housing, infrastructure,
community service, and business development programs of importance to rural areas.
related briefing rooms
- offer an indepth discussion synthesizing ERS research
feature
 The
2002 Farm Act reauthorizes many rural
development programs and credit programs for 5 years. The Act provides
funding for rural areas to undertake strategic planning, feasibility assessments,
and coordination activities with other local, State, and Federal officials.
Changes in credit programs include waivers on eligibility time limits
on Farm Service Agency (FSA) direct and guaranteed farm operating loans.
These loans can be waived for a period of time, and more farmers can qualify
for FSA emergency loan financing. For more information on the provisions
and economic implications of the 2002 Farm Act as it pertains to rural
development, see Title
VI, rural development. For more information on the provisions and
economic implications of the 2002 Farm Act as it pertains to rural credit
programs, see Title
V, Credit.
web administration: webadmin@ers.usda.gov
updated: February 5, 2004
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