HARRISBURG—Some Valley family farms have received low interest loans from the state, with the goal of making the farms more sustainable.
- In Northumberland County the Foresman family was approved for a $400,000 loan through SEDA-COG to construct two 25,000- square-foot broiler breeder houses on their farm in Delaware Township.
- In Snyder County, James and Megan Adams were approved for a $400,000 loan through SEDA-COG to acquire a 56-acre property in Beaver Township where they will operate a hog farm. They will also purchase Energy Recyclers LLC, which will generate electricity to be used on the farm and sold back to the regional electric grid.
- In Columbia County M&K Family Farms LLC was approved for a $400,000 loan through SEDA-COG to acquire 35 acres of farmland and construct an almost 56,000-square-foot layer barn in Catawissa Township. The layer barn will house 40,000 hens.
Recently, the state Department of Community and Economic Development announced the seven new loan approvals through the Commonwealth Financing Authority. The funding approved through the First Industries program, will assist farmers with construction costs, help farmers start businesses, and enable them to acquire land. A full list of approved projects for each CFA program can be found a dced.pa.gov.
