Usda Black Farmers Settlement Update 2024. The settlement agreement reached today, which is contingent on appropriation by congress, will provide a total of $1.25 billion to african american. 2024 — section 22007 of the inflation reduction act of 2022 (ira) provides financial assistance for farmers, ranchers, and forest landowners who.

The agency’s latest effort is the distribution of $2.2 billion funded by the inflation reduction act (ira) to farmers who have experienced discrimination in the. Through the act, congress allocated $2.2 billion for the program and directed usda to provide financial assistance to farmers, ranchers and forest.