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2025 marks the 25th anniversary of USDA's popular Farm Storage Facility Loan program. Through the program, USDA's Farm Service Agency (FSA) provides low-interest financing to producers who want to build or upgrade their commodity storage facilities or purchase eligible handling equipment.
In this Ask the Expert, Toni Williams answers questions about how Farm Storage Facility Loans (FSFLs) provide low-interest financing to help producers build or upgrade commodity storage facilities. Toni is the Agricultural Program Manager for FSFLs at the Farm Service Agency (FSA).
On-farm storage facilities can help farmers succeed financially by giving them greater control over their products and the timing of marketing. USDA's Farm Service Agency (FSA) provides low-interest loans for farmers to build storage units, upgrade and expand existing storage, or purchase mobile storage facilities.
Since May 2000, FSA has made more than 40,000 loans for on-farm storage. Eligible facility types include grain bins, hay barns, bulk tanks, and facilities for cold storage. Drying and handling and storage equipment including storage and handling trucks are also eligible.
While upfront costs can be steep, there are various incentives and financial models available that can help make your dream of sustainable energy a reality. We will explore the different options for financing an off-grid solar project, including payback periods, return on investment (ROI), and potential tax credits or grants.
Building an off-grid solar system requires careful planning, a good understanding of your energy needs, and knowledge of electrical systems. This guide will walk you through the process, from understanding basic electrical concepts to designing and maintaining your own off-grid solar power system.
There are a variety of government incentives available for off-grid solar projects, including the Federal Investment Tax Credit (ITC) and state-specific incentives. These incentives can significantly reduce the cost of your solar project. Are you considering an off-grid solar project but hesitant due to the upfront costs?
Solar leases are another option for off-grid solar projects. With a solar lease, you pay a monthly amount to use the solar system, rather than purchasing it outright.
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