Creates a new authority allowing Farm Credit System institutions to make and participate in loans and to provide technical and financial assistance for eligible "essential community facilities" in rural areas. Lending is limited to projects that would qualify under the Consolidated Farm and Rural Development Act and is capped at 15% of an institution’s outstanding loans, with procedural safeguards to protect competition and oversight requirements.

Requires Farm Credit lenders to offer participation to at least one non‑Farm Credit domestic lender and to report those offers to the Farm Credit Administration, gives priority consideration to local community banks when offers are solicited, and mandates annual reporting to Congress. The authority becomes effective October 1, 2025.