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Aggie Bond Program Underway

Beginning farmers and small farm operators who qualify now have access to low interest loans that may help reverse the trend of farm population in Oregon that’s getting older.  The Oregon Deparment of Agriculture’s Stephanie Page says the Beginning and Expanding Farmer Loan Program, better known as the Aggie Bond Program, is now up and running to provide affordable financing to farmers who need to make capital purchases.  The Aggie Bond Program makes use of a tax-exempt bond that essentially allows the lender to offer a lower interest rate because the interest income to the lender is exempt from federal income tax.  Page notes people need to have a good business plan and speak to a lender and make sure they are qualified for a loan before entering the program.

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Columbia River Weather

Air Stagnation Advisory

Issued:
9:24 AM PST on February 10, 2016
Expires:
10:00 AM PST on February 13, 2016
Clear
Currently
42°
Mostly Cloudy
Wednesday 20%
High 52° / Low 41°
Chance of Rain
Thursday 70%
High 53° / Low 42°
Chance of Rain
Friday 60%
High 56° / Low 38°