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Welcome

corn plantObtaining enough capital to pursue a career in production agriculture can be a real challenge. But if you have set your horizons on owning and managing your own crop or livestock operation, the Iowa Agricultural Development Authority (IADA) may be able to lend a helping hand.

The IADA was established by the Iowa General Assembly in 1980 to provide financial assistance to Iowa’s grain and livestock producers. Operating expenses for the IADA are derived from modest application and service fees paid by program participants. The IADA also earns interest from a trust fund, but it does not receive any state tax dollars.

The Beginning Farmer Loan Program and Loan Participation Program help Iowa farmers purchase agricultural land, depreciable machinery or equipment, breeding livestock or buildings. The IADA loans may also be used to improve existing buildings or farmland.

The Beginning Farmer Tax Credit Program encourages owners of capital agricultural assets to lease them to Iowa’s qualifying beginning farmers. The program provides the agricultural asset owner a credit against Iowa income taxes owed.

IADA Brochure

2012 Annual MAPS Report
   

IADA News

2013 NARRC and NCOSAFP Joint Conference & Optional Tour

The Iowa Agricultural Development Authority is honored to be hosting the first-ever joint National Association of Rural Rehab Corporations (NARRC) and National Council of State Agricultural Finance Programs (NCOSAFP) Conference August 11-14, 2013.

The Iowa Finance Authority (IFA) is assisting us with processing conference registrations.

1. Complete and pay your conference registrations by July 1

$285 before July 1 and $325 after July 1.

2. Make your hotel reservations by July 1 – Renaissance Savery Hotel (Group Code: nrrnrra) - due to the Iowa State Fair being held during our conference, our block of rooms will be released July 1.


Important Adjustments to the Beginning Farmer Loan Program
Effective January 1, 2013!


Important Adjustments to the Loan Participation Program
Effective January 1, 2013!


Important Adjustments to the Beginning Farmer Tax Credit Program
Effective January 1, 2013!

The median size farm has been updated.

Median Farm Size Limits (Effective February 4, 2009)

Median Farm Size Limits Map (Effective February 4, 2009)

Deadlines

BFLP (Beginning Farmer Loan Program) Application 1st of the Month
LPP (Loan Participation Program) Application 1st of the Month
BFLP & LPP Request to Change Loan Terms 1st of the Month
BFTC (Beginning Farmer Tax Credit) Application 1st of the Month
BFTC (Tax Credit) Request to Adjust Lease Terms 1st of the Month

last modified: 02/1/13