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The Farm Asset Builder Program kicks off in 2014!

by Justin Farr, Farm Finance Program Coordinator

AOLC is excited to announce a brand new Farmer Training program: The Farm Asset Builder Program!

This program was a long-time coming, and many hours of hard work went into making this program a reality. AOLC Director of Farmer Training Jenny Meyer, AOLC Board Member Kathleen Touhill, and the leadership at AOLC and CRAFT have all been a part of shaping this program. This program is also a part of a USDA project led by California FarmLink. We want to thank our main sponsor and partner, Agribank, as well as our valued contributors, the Kailo Fund, Alpine Bank, Rockford Bank and Trust, Whole Foods Market – Kildeer, and the USDA.

On January 13th, we were able to meet with our four farmer participants at our kick-off meeting. We heard from each of the farmers about their farms and their goals, and we discussed the goals and requirements of the program.

The Farm Asset Builder Program is a matched savings program with a financial education component (these are often referred to as IDA programs). The four farmers will be saving towards a new farm asset, as the program supports farm growth and financial literacy. Each farmer will be completing certain requirements in order to receive a 2:1 savings match.

Now, announcing the farmers!

  1. Jeff Schreiber of Three Sisters Community Farm
  2. Chris McGuire of Two Onion Farm
  3. Alison Parker of Radical Root Organic Farm
  4. Jill Beyer of Harrison Market Gardens