Black Farmer Settlement 2024 Update. Black farmers got $2 billion in usda payments to address discrimination in farm loans. The original deadline was october 31, 2023.
2024 โ section 22007 of the inflation reduction act of 2022 (ira) provides financial assistance for farmers, ranchers, and forest landowners who experienced discrimination by the united states department of agriculture (usda) in usda farm lending prior to 2021. The original deadline was october 31, 2023.