Farmers Home Administration - FmHA

Filed Under:
Dictionary Says

Definition of 'Farmers Home Administration - FmHA'


An agency of the U.S. Department of Agriculture created to assist farmers and families living in rural areas by financing and insuring loans for housing and other farming-related needs. The Farmers Home Administration (FmHA) provides credit and technical assistance to rural families and communities through four major programs: a housing program, utilities program, business program and community development program. The agency has about 1,900 county and district loans offices nationwide.


Investopedia Says

Investopedia explains 'Farmers Home Administration - FmHA'


The agency was created to provide families with financing tools - such as loans and grants - to help them re-establish self-sufficient farming efforts in the aftermath of the Great Depression. It was originally named the Resettlement Administration and subsequently changed names to Farm Security Administration, Farmers Home Administration and most-recently the Rural Economic and Community Development Service.

comments powered by Disqus
Hot Definitions
  1. Legal Monopoly

    A company that is operating as a monopoly under a government mandate. A legal monopoly offers a specific product or service at a regulated price and can either be independently run and government regulated, or government run and regulated.
  2. Closed-End Fund

    A closed-end fund is a publicly traded investment company that raises a fixed amount of capital through an initial public offering (IPO). The fund is then structured, listed and traded like a stock on a stock exchange.
  3. Payday Loan

    A type of short-term borrowing where an individual borrows a small amount at a very high rate of interest. The borrower typically writes a post-dated personal check in the amount they wish to borrow plus a fee in exchange for cash.
  4. Securitization

    The process through which an issuer creates a financial instrument by combining other financial assets and then marketing different tiers of the repackaged instruments to investors.
  5. Economic Forecasting

    The process of attempting to predict the future condition of the economy. This involves the use of statistical models utilizing variables sometimes called indicators.
  6. Chicago Mercantile Exchange - CME

    The world's second-largest exchange for futures and options on futures and the largest in the U.S. Trading involves mostly futures on interest rates, currency, equities, stock indices and agricultural products.
Trading Center