USDA is announcing that Shared Capital Cooperative, Akiptan, Inc. and the Cherokee Nation Economic Development Trust Authority (CNEDTA), have been approved or conditionally approved as intermediary lenders through the Heirs’ Property Relending Program (HPRP). Once HPRP loans with these lenders close, these lenders will help agricultural producers and landowners resolve heirs’ land ownership and succession issues. Additionally, USDA encourages more intermediary lenders, including cooperatives, credit unions and nonprofit organizations to apply. More information is at farmers.gov/heirs/relending.
Heirs may apply directly to the intermediary lenders for loans to resolve land ownership and succession issues. Learn more here.
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