The Beginning Farmer Opportunity Act is designed to improve existing USDA programs and assist beginning farmers with training and access to loan programs. The bill includes a microloan program to assist beginning farmers with startup costs. An existing down payment loan program would receive continued funding and the Farm and Ranchland Protection Program (FRPP) would be modified to prioritize preserving farmland that is accessible and affordable to new farmers. The bill calls for renewed funding for grants to organizations that provide farmer training. Finally, the bill offers opportunities for military veterans interested in agriculture.
See Senate Bill 837 (2013) for the version of this legislation introduced in the U.S. Senate.