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Farm Service Agency

 
Hoover's Profile: Farm Service Agency
Contact Information
Farm Service Agency
1400 Independence Ave. SW
Washington, DC 20250
DC Tel. 202-720-3865
Fax 202-720-4034

Type: Government Agency
On the web: http://www.fsa.usda.gov

The Farm Service Agency (FSA) assists US farmers with a variety of conservation and financial services. Tracing its roots to 1933 in response to the Great Depression, the FSA was officially organized in 1994 by consolidating programs of the Agricultural Stabilization and Conservation Service, the Federal Crop Insurance Corporation, and the Farmers Home Administration. As part of the Department of Agriculture, its main tasks are stabilizing farm income, assisting in land and water conservation, offering credit to new or disadvantaged farmers and ranchers, and providing recovery assistance to farms following disasters. The agency has an annual budget of about $14 billion.

Officers:
Administrator: Jonathan Coppess
Associate Administrator Operations and Management; Acting Director Business and Program Integration: Carolyn Cooksie
Acting Director Office of Budget and Finance: Heidi Ware

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Real Estate Dictionary: Farm Service Agency
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An agency of the federal government that makes mortgage loans on rural property to farmers and to individuals who provide services to farmers and ranchers. Loans are made at below-market interest rates. Borrowers are required to purchase stock in their local land bank association, which serves as additional security for the loan.

Address: Farm Service Agency 1400 Independence Avenue SW, Stop 0506 Washington, DC 20250 202-720-7809 www.fsa.usda.gov

Wikipedia: Farm Service Agency
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US-FarmServiceAgency-2008Logo.svg

The Farm Service Agency (FSA) is the USDA agency into which were merged several predecessor agencies, including the Agricultural Stabilization and Conservation Service (ASCS). The ASCS was, as the FSA is now, primarily tasked with the implementation of farm conservation and regulation laws around the country. The Administrator of FSA reports to the Under Secretary of Agriculture for Farm and Foreign Agricultural Services.[1] The FSA (ASCS) of each state is led by a politically appointed State Executive Director (SED).

FSA was set up when the Department was reorganized in 1994,[2] incorporating programs from several agencies, including the Agricultural Stabilization and Conservation Service, the Federal Crop Insurance Corporation (now a separate Risk Management Agency), and the Farmers Home Administration. Although its name has changed over the years, the Agency's relationship with farmers goes back to the 1930s. Earler USDA agencies that evolved into FSA include the Agricultural Adjustment Administration, War Food Administration, Production and Marketing Administration, and Commodity Stabilization Service as well as ASCS.[3]

At that time, Congress set up a unique system under which Federal farm programs are administered locally. Farmers who are eligible to participate in these programs elect a three- to five-person county committee, which reviews county office operations and makes decisions on how to apply the programs. This grassroots approach gives farmers a much-needed say in how Federal actions affect their communities and their individual operations. After more than 60 years, it remains a cornerstone of FSA's efforts to preserve and promote American agriculture.

References

  1. ^ See page 5 of the 2008 OPM Plum Book [[1]]
  2. ^ Title 7, Chapter 98, Section 6932 of the United States Code[[2]]
  3. ^ See the full administrative history of FSA on the the National Archives and Records Administration website.[[3]]

External links


 
 

 

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Hoover's Profile. ©2008 Hoover's, Inc. All rights reserved.  Read more
Real Estate Dictionary. Dictionary of Real Estate Terms. Copyright © 2004 by Barron's Educational Series, Inc. All rights reserved.  Read more
Wikipedia. This article is licensed under the Creative Commons Attribution/Share-Alike License. It uses material from the Wikipedia article "Farm Service Agency" Read more