Agriculture TrendsAgriculture Trends
  • Home
  • News
  • Business
  • Insights
  • Crops
  • Livestock
  • Machinery
  • Technology
  • Farm Management
  • Weather
  • More
    • Web Stories
    • Press Release
    • Trending

Subscribe to Updates

Get the latest agriculture news and updates directly to your inbox.

What's On
AFBF: Cash rents up 3.2% as commodity prices slide

AFBF: Cash rents up 3.2% as commodity prices slide

August 8, 2024
How farms have fared as Debby delivers hard blow to Southeast U.S.

How farms have fared as Debby delivers hard blow to Southeast U.S.

August 8, 2024
New USDA rules aim to strengthen farm financial stability

New USDA rules aim to strengthen farm financial stability

August 8, 2024
Facebook X (Twitter) Instagram
Agriculture TrendsAgriculture Trends
  • Privacy Policy
  • Terms of use
  • Advertise
  • Contact Us
Facebook X (Twitter) Instagram
SUBSCRIBE
  • Home
  • News
  • Business
  • Insights
  • Crops
  • Livestock
  • Machinery
  • Technology
  • Farm Management
  • Weather
  • More
    • Web Stories
    • Press Release
    • Trending
Agriculture TrendsAgriculture Trends
Home » Biden to announce $5 billion in funding for land stewardship and rural development

Biden to announce $5 billion in funding for land stewardship and rural development

November 9, 20233 Mins Read Business
Biden to announce  billion in funding for land stewardship and rural development
Share
Facebook Twitter LinkedIn Pinterest WhatsApp Email
Biden to announce  billion in funding for land stewardship and rural development

President Biden will open his administration’s “investing in rural America” blitz on a Minnesota farm on Wednesday with the announcement of $5 billion in funding for soil and water conservation, rural infrastructure, and economic development. Agriculture Secretary Tom Vilsack said the $1.7 billion allotted for stewardship was the largest single-year injection of money ever into USDA conservation programs.

The $5 billion package includes $2 billion for economic development projects in rural areas with persistently high poverty rates in nine states and Puerto Rico as well as $1.1 billion in grants and loans for rural infrastructure improvements across the nation.

“Young people in rural communities shouldn’t have to leave home to find opportunity,” White House domestic policy adviser Neera Tanden told reporters ahead of the announcement at Dutch Creek Farms in Northfield, in southern Minnesota. “We are committed to supporting rural small businesses and helping farmers tap into new revenue streams, including, as Secretary Vilsack pointed out, climate-smart agriculture.”

Thirteen cabinet members and senior administration officials are scheduled to speak in 14 states over the next two weeks to call attention to Biden’s efforts to boost the rural economy. Household incomes are lower in rural America than in urban areas, and the poverty rate is higher. Rural residents tend to be older, with less formal education than urban Americans.

Rural Americans have voted in increasing margins for Republican congressional candidates over Democrats in the past couple of decades.

“Biden is traveling to rural America and bringing with him higher production costs for our farmers, rising energy prices, more expensive grocery bills, and global unrest,” said Republican members of the House Agriculture Committee on social media.

Vilsack said during a White House teleconference on Tuesday that $1.1 billion of the new conservation funding would go to the Regional Conservation Partnership Program, which supports public-private projects to carry out soil and water conservation at landscape scale. The funding will aid in the adoption of climate-smart practices. “This is not only going to help agriculture work toward the president’s vision of a net-zero [greenhouse gas emissions] future for American agriculture, it’s going to help to create new income opportunities for thousands of small and midsize farming operations as they sequester carbon and reduce greenhouse gas emissions, which will ultimately qualify them for a series of ecosystem service market credits,” he said.

Also in the conservation funding was $250 million apiece for the cost-sharing Environmental Quality Incentives Program and the Conservation Stewardship Program, and $100 million for the Agricultural Conservation Easement Program.

The $1.1 billion in infrastructure funding would be divided among 104 projects “that will bring new jobs, clean water and fuel, and reliable electricity to people in every state,” said the White House.

In addition, the administration announced $274 million in grants and loans to expand access to high-speed internet in eight states and $145 million in grants and loans through the Rural Energy for America Program, which helps farmers and small businesses pay for energy efficiency and renewable energy work.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Chasing 8 Stunning Waterfalls In Munnar

Chasing 8 Stunning Waterfalls In Munnar

August 7, 2024 Business
Chasing 8 Stunning Waterfalls In Munnar

Mentawais For Longboarders And Beginner To Intermediate Surfers

August 6, 2024 Business
Some hard life lessons are learned in the 4-H show ring

Some hard life lessons are learned in the 4-H show ring

August 6, 2024 Business
Chasing 8 Stunning Waterfalls In Munnar

5 Mesmerizing National Parks In Himachal Pradesh

August 5, 2024 Business

Brody Malone’s rodeo roots helped fuel Olympic success

August 2, 2024 Business

Iowa State Fair gives a sneak peak of the 2024 butter cow

August 1, 2024 Business

Leave A Reply Cancel Reply

Don't Miss
How farms have fared as Debby delivers hard blow to Southeast U.S. News

How farms have fared as Debby delivers hard blow to Southeast U.S.

By staffAugust 8, 20240

Some farms are under water and the U.S. Department of Agriculture has pledged resources to…

New USDA rules aim to strengthen farm financial stability

New USDA rules aim to strengthen farm financial stability

August 8, 2024
Viewpoint: The uglier side of solar farming is impacting agriculture

Viewpoint: The uglier side of solar farming is impacting agriculture

August 8, 2024

2024 election heats up over Harris’ red meat statements

August 7, 2024

Subscribe to Updates

Get the latest agriculture news and updates directly to your inbox.

Our Picks

College Aggies Online announces mentor and rancher Natalie Kovarik

August 7, 2024

N.C. man pleads guilty in $1 million livestock theft scheme

August 7, 2024
Chasing 8 Stunning Waterfalls In Munnar

Chasing 8 Stunning Waterfalls In Munnar

August 7, 2024
EPA takes historic action to halt specialty-crop herbicide

EPA takes historic action to halt specialty-crop herbicide

August 7, 2024
Agriculture Trends
Facebook X (Twitter) Instagram Pinterest
  • Privacy Policy
  • Terms of use
  • Advertise
  • Contact Us
© 2025 All rights reserved. Agriculture Trends.

Type above and press Enter to search. Press Esc to cancel.