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Friday, November 15, 2024

Sen. Cramer Announces Grants Through USDA’s Meat and Poultry Lending Program

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Senator Kevin Cramer | Senator Kevin Cramer Official photo

Senator Kevin Cramer | Senator Kevin Cramer Official photo

BISMARCK – U.S. Senator Kevin Cramer (R-ND) announced the United States Department of Agriculture (USDA) awarded a combined total of $25,834,000 through the Meat and Poultry Intermediary Lending Program (MPILP) which provides grant funding to intermediary lenders who finance or plan to finance the start-up, development, operations, and processing of meat and poultry.

This funding is distributed as follows:

  • $15,000,000 to the Oyate Community Development Corporation
  • $10,000,000 to the Rural Development Finance Corporation
  • $834,000 to the Farmers Union Foundation
Original source can be found here.

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