© 2009, Ice Miller LLP
Impact   Guidelines Under Stimulus Package Contact
Agriculture and Rural Development   Melissa Proffitt Reese - melissa.reese@icemiller.com
Infrastructure and Water Programs $4.8 billion in farm aid and rural development grants, loans and guarantees To be used for broadband infrastructure programs and rural water, waste water, and waste disposal programs.
Flood Prevention and Rehabilitation $340 million in funding Department of Agriculture will be required to allocate this funding for flood prevention and rehabilitation.  
Guaranteed Loans $150 million available The loans will be made by the Department of Agriculture to rural businesses.
Improvements at the Department of Ag $250 million in funding To be used for information technology, facility improvements and agricultural research at the Department of Agriculture.  
Aid to Farmers $749 million in additional funding This money is to be made available by the Department of Agriculture in the form of insurance payment aid, emergency loans and grants.
Section 502 Loans $11.7 billion additional funding available for loans The Rural Housing Insurance Fund will provide these loans to low-income individuals and households purchasing, building, repairing or renovating homes in rural communities.