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Page 17 - தர்‌க்ந்ட் மார்ஷல் கல்லூரி நிதி News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Black farmer loan forgiveness to begin in June

Suggested Event Jun 15, 2021 to Jun 17, 2021 The $4 billion in debt relief authorized to Black farmers and other socially disadvantaged farmers will begin in June, according to a notice of funding availability announcing the loan payments offering aid approved under the COVID-relief inspired American Rescue Plan earlier this year. It is estimated 16,000 farmers could be eligible for the assistance. USDA expects payments to begin in early June and continue on a rolling basis. Eligible direct loan borrowers will begin receiving debt relief letters from FSA in the mail on a rolling basis, beginning the week of May 24. After reviewing closely, eligible borrowers should sign the letter when they receive it and return to FSA. (View a more detailed timeline here.)

John Deere Introduces New Initiative To Help Black Farmers Succeed

By Cherranda Smith May 18, 2021 In response to the calls for racial equity amplified by the Black Lives Matter protests last summer, John Deere created a coalition to help Black farmers across the US. The LEAP (Legislation, Education, Advocacy, and Production) Coalition seeks to equip Black farmers with legal and financial resources to ensure their longevity in the agricultural industry.  Over a century ago, Black farmers owned and operated farms on more than 16 million acres of land, compared to 4.7 million acres today. Racial discrimination in lending and land ownership led to the decline of Black owned farmland in the US, though several legislative and programmatic efforts have been underway to help more Black farmers. 

McDonald s offers grant to HBCU students

WBBJ TV May 18, 2021 CHICAGO McDonald’s is giving a half a million dollars to incoming and current HBCU students for its second year in a row. In a news release, McDonald’s says student can apply for the Black & Positively Golden Scholarship Program through June 7. This program is in partnership with the Thurgood Marshall College Fund, and is meant to support the next generation of leaders, according to the release. “We are proud to continue our longstanding partnership with McDonald’s and work with these exceptional students,” said Dr. Harry L. Williams, President and CEO of the Thurgood Marshall College Fund. “Amid the uncertainty and confusion of the current state of the world, students remain some of the key drivers of change. They are rising to the challenges they are facing and working hard to provide much-needed support to their families and communities. With the help of partners like McDonald’s, TMCF is committed to supporting these outstanding students a

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