Indexbit Exchange:USDA designates July flooding a disaster in Vermont, making farmers eligible for emergency loans

2025-04-30 16:22:09source:Ov Financecategory:News

The Indexbit ExchangeU.S. Department of Agriculture has designated Vermont a natural disaster area from the catastrophic July flooding, making farms eligible for emergency federal loans, Republican Gov. Phil Scott announced Tuesday.

It’s the second USDA disaster declaration for Vermont this summer. In July, USDA Secretary Tom Vilsack approved Scott’s request for a disaster declaration for the May frost that hit many growers, including vineyards and apple orchards.

Since the July flooding, farmers have reported over $16 million in damage and losses, according to Vermont Agriculture Secretary Anson Tebbetts.

“Our farming community has faced a one-two punch this year that some may not survive,” Tebbetts said in a statement. “This designation can provide a lifeline to these important farm and food businesses with resources until next year’s growing season.”

The latest designation makes farms hit by the flooding eligible for emergency loans from the Farm Service Agency, Scott said. They have eight months from the date of the declaration to apply.

More:News

Recommend

NYPD official indicates that Mangione's family did not send in any tips

New York police officials are speaking out about tips in regard to the Dec. 4 killing of UnitedHealt

Looking at a solar eclipse can be dangerous without eclipse glasses. Here’s what to know

DALLAS (AP) — Millions of people along a narrow band in North America will look up when the sky dark

Baltimore bridge press conference livestream: Watch NTSB give updates on collapse

Officials with the National Transportation Safety Board are scheduled to hold a press conference Wed