New Producer Economic Security Act

This bill would set up a new USDA Farm Service Agency program to help people start and keep farm businesses by improving access to land, loans, and markets. It funds local organizations to give direct help like down payment aid, lower mortgage costs, buying land or clearing heirs’ property title, fixing soil and water problems, building or repairing farm structures, land‑use planning, succession help, Tribal consultation, and getting a USDA farm number. It can also pay for training and advice, including translation, business planning, legal and tax help, and setting up revolving loan funds so support lasts over time.

USDA will choose projects with advice from a stakeholder committee set up within six months after the bill becomes law. Projects that give direct financial help, work through strong partnerships, protect farmland so it stays in farming, help transfer land from current producers to the people the program is meant to serve, offer language access, support farmworkers, and promote long‑term conservation will get priority. Aid can be grants or loans, and groups that break the rules must pay the money back. Money must be put to use within five years, unless USDA allows more time.

• Who is affected: People seeking to start or grow farm businesses; farmworkers; Tribal citizens and Tribal governments; local groups that run land access and farmer support projects; and the communities they serve.
• What changes: New funding through local organizations for land purchase and transfer, down payment and mortgage help, title clearing, soil/water and infrastructure work, planning and training, translation services, and revolving loan funds.
• When: A stakeholder committee is created within 180 days to guide decisions, and funded projects must obligate money within five years.