Background

FINANCIAL RESOURCES

Below are some financial resources to help you continue to stay in production.

 

 

As more information and opportunities become available, we will update this page accordingly.

NATIONAL FINANCIAL RESOURCES

Information regarding federal resources available at this time.

On March 11, 2021, the American Rescue Plan Act, a $1.9 trillion COVID-19 relief package to assist Americans, was signed into law. Per Senator Schatz, at least $6.1 billion of the relief package will be coming to Hawaii in the form of state and county assistance, unemployment assistance, rent and mortgage relief, COVID-19 vaccine distribution, agriculture funding, and much more.

 

Here’s how the new law will impact the agriculture community:

 

Assistance to Agricultural Producers from USDA. Through the American Rescue Plan, USDA will receive $4 billion to provide additional relief to producers nationally.

 

-$3.6 billion will be utilized to purchase food and agricultural commodities and seafood, make grants and loans for small to midsized farms, and make payments for certain crop losses.*

 

-$400 million will be used to conduct animal surveillance (relating to COVID-19) and to reduce the amount of overtime inspection costs for federally inspected small and very small meat, poultry, and egg producers.

 

Assistance for Socially Disadvantaged Farmers and Ranchers (USDA). Provides $1 billion to the USDA to assist socially disadvantaged farmers and ranchers.

 

More details will be provided as the USDA develops each program.

 

*The $4 billion allocated to the USDA in the American Rescue Plan will be added to the $13 billion provided by the COVID Relief Law from December 2020.

 

Small Business Administration (SBA) offers different COVID-19 relief options to give small businesses, nonprofits, and faith-based organizations. Currently, the SBA is offering the following programs:

 

Economic Injury Disaster Loan (EIDL): this loan was designed to help businesses meet operating expenses that could have been met had the COVID-19 pandemic not occurred.

 

Targeted EIDL Advance and Supplemental Targeted Advance: these programs were designed to help small businesses in low-income areas and private nonprofits. To receive this opportunity, applicants must have applied to the EIDL and meet the criteria provided. If you fulfill these requirements, the SBA will contact you directly.

The American Rescue Plan authorizes the USDA to provide farm loan assistance by making payments of up to 120% of outstanding agricultural loans as of January 1, 2021. Because the American Rescue Plan was recently signed into law, details for this opportunity are not available.

The USDA announced, on January 27, 2021, that they will be temporarily suspending past-due debt collections and foreclosures for distressed borrowers under the Farm Storage Facility Loan and the Direct Farm Loan programs administered by the Farm Service Agency (FSA).

 

USDA will temporarily suspend non-judicial foreclosures, debt offsets or wage garnishments, and referring foreclosures to the Department of Justice; and will be working with the U.S. Attorney’s Office to stop judicial foreclosures and evictions on accounts that were previously referred to the Department of Justice.

 

Additionally, they have extended deadlines for producers to respond to loan servicing actions, including loan deferral consideration for financially distressed and delinquent borrowers. In addition, for the Guaranteed Loan program, flexibilities have been made available to lenders to assist in servicing their customers.

USDA Farm Service Agency – Hawaii Offices

 

Please feel free to utilize the contact information below to get ahold of your local FSA office.

 

 

Hawaii County Maui County
Contact: Lester Ueda, County Executive Director Contact: James Robello, County Executive Director
Phone: (808) 933-8341
Fax: (855) 356-9492
Phone: (808) 871-5500 x 105
Fax: (855) 356-9494
Email: lester.ueda@hi.usda.gov Email: james.robello@hi.usda.gov
Oahu County Kauai County
Contact: Jason Shitanishi, County Executive Director Contact: Robert Ishikawa, County Executive Director
Phone: (808) 861-8538 x 104
Fax: (855) 356-9490
Phone: (808) 245-9014 x 104
Fax: (855) 356-9495
Email: jason.shitanishi@hi.usda.gov Email: robert.ishikawa@hi.usda.gov

Per the announcement on March 24, 2021, the USDA and FSA will accept new and modified CFAP 2 applications beginning April 5, 2021.

The Coronavirus Food Assistance Program (CFAP) provides direct relief to producers who faced price declines and additional marketing costs due to COVID-19.

 

 

In preparation for the new sign-up date, producers can check whether their commodities are eligible for the CFAP program on the USDA’s CFAP 2: Eligible and Ineligible Commodities page. If you have already submitted a CFAP application, you will not have to apply again.

 

 

Please note that applications received from contract growers as part of CFAP Additional Assistance (CFAP AA) will be on hold until further notice. These applications will most likely require additional modifications. FSA will continue to accept applications from interested contract growers during this evaluation period.

 

 

For more details, please visit the CFAP page.

Background

LOCAL FINANCIAL RESOURCES

Information regarding local resources available at this time. The resources listed are provided by the counties.

More information regarding funding opportunities from the County of Hawaii will come.

 

More information regarding funding opportunities from the County of Maui will come.

 

More information regarding funding opportunities from the City & County of Honolulu will come.

 

More information regarding funding opportunities from the County of Kauai will come.

 

QUESTIONS?

Contact the Hawaii Farm Bureau at

info@hfbf.org or (808) 848-2074

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