USDA Increases Maximum Loan Limit for Farmers

Print Story | Email Story
The USDA Farm Service Agency in Berkshire County has announced that it has increased its maximum loan limit to $1,094,000. The increased guaranteed loan limit reflects the rising input costs affecting farmers.

The Guaranteed Loan programs allow lenders to make agricultural credit available to farmers who do not meet the lender's normal underwriting criteria.  Loans are provided to beginning farmers and limited resource producers, ensuring lenders with a guarantee of up to 95 percent of the loss of principal and interest on a loan.

In addition to guaranteed loans, FSA can also provide direct loans to qualified farmers.

Farmers interested in the guaranteed loan program may contact their lender or the USDA Farm Service Agency Farm Loan Program at(413) 585-1000, ext. 107 or ext 109, or visit the Agency at 195 Russell Street, Suite B5 in Hadley, MA 01035-9521. Information is also available on the web at www.FSA.USDA.gov Click on Farm Loan Programs.
If you would like to contribute information on this article, contact us at info@iberkshires.com.

Pittsfield Council Passes $232.7M Budget

By Brittany PolitoiBerkshires Staff

PITTSFIELD, Mass. — The City Council unanimously approved a $232.7 million budget for the upcoming fiscal year. 

It is a modest, almost 2.9 percent increase from FY26. 

"I do want to give the community kind of a heads up as we move forward on budgets. What we see coming out of the federal government that's trickling down to the states, it's going to be harder and harder for us as a community to meet our needs under the Proposition 2 1/2," Councilor at Large Alisa Costa said. 

"We're going to have challenges, as we've seen communities across the state trying to override the Proposition 2 1/2, because we have dwindling amounts of money coming from the state and federal government." 

She pointed out that, at the same time, utility bills are going up for both residents and the city, as are the costs of pavement and other items. 

The amended budget of $232,777,720, down from the $232,782,090 originally proposed, includes cuts to the Department of Diversity, Equity, and Inclusion and the restoration of funds for councilors to attend the annual Massachusetts Municipal Association conference. 

The Pittsfield Public Schools' $86,855,061 budget includes $68,886,061 in state Chapter 70 funding and $18 million from the city. With $345,000 in school choice and Richmond tuition revenues, it totals $87,200,061 and is an approximately $300,000 increase from the Pittsfield Public Schools' FY26 budget of $86.9 million. 

The district's budget will fund 13 schools, as Morningside Community School will retire in the fall, and includes the middle school restructuring. 

Councilors also approved the use of $2 million in certified free cash to reduce the tax rate, and appropriated $450,551 for parking-related expenditures. 

View Full Story

More Berkshire County Stories