The Next Generation Farmer Loan
Southeastern Pennsylvania has a rich agricultural history that continues to play an important role in the community and its economy. To help ensure that these traditions are handed down to the next generation, CCEDC is proud to administer the Commonwealth’s Next Generation Farmer Loan (NGFL) Program. The NGFL program provides a cost-effective means by which beginning and first-timefarmers can purchase land, farm equipment, farm buildings and breeding livestock, providing a stable foundation for the future. The NGFL program is administered in collaboration with our partners at the CCEDC-affiliated Chester County Industrial Development Authority and the Central and Western Chester County Industrial Development Authority.
In addition to agricultural lending, our expertise is shared statewide via a partnership with the PA Department of Agriculture. Through that partnership, CCEDC is very active in processing NGFL loans in other counties, particularly Berks and Lancaster Counties.
Click here for more information on the Next Generation Farmer Loan Program.