Farmers Home Administration - FmHA

AAA

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 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.

RELATED TERMS
  1. IRS Publication 225 - Farmer's ...

    A document published by the Internal Revenue Service that details ...
  2. Federal Housing Finance Agency ...

    A U.S. government agency created by the Housing and Economic ...
  3. Rural Housing Service - RHS

    An administrative division within the U.S. Department of Agriculture ...
  4. Loan

    The act of giving money, property or other material goods to ...
  5. RHS Loan

    A loan made by or guaranteed by the United States Department ...
  6. Farmer Mac - Federal Agricultural ...

    A publicly traded, shareholder-owned corporation that was federally ...
Related Articles
  1. The Best Way To Borrow
    Retirement

    The Best Way To Borrow

  2. Home-Equity Loans: The Costs
    Options & Futures

    Home-Equity Loans: The Costs

  3. Peer-To-Peer Lending Breaks Down Financial ...
    Options & Futures

    Peer-To-Peer Lending Breaks Down Financial ...

  4. Different Needs, Different Loans
    Options & Futures

    Different Needs, Different Loans

comments powered by Disqus
Hot Definitions
  1. Ghosting

    An illegal practice whereby two or more market makers collectively attempt to influence and change the price of a stock. ...
  2. Elasticity

    A measure of a variable's sensitivity to a change in another variable. In economics, elasticity refers the degree to which ...
  3. Tangible Common Equity - TCE

    A measure of a company's capital, which is used to evaluate a financial institution's ability to deal with potential losses. ...
  4. Yield To Maturity (YTM)

    The rate of return anticipated on a bond if held until the maturity date. YTM is considered a long-term bond yield expressed ...
  5. Net Present Value Of Growth Opportunities - NPVGO

    A calculation of the net present value of all future cash flows involved with an additional acquisition, or potential acquisition. ...
  6. Gresham's Law

    A monetary principle stating that "bad money drives out good." In currency valuation, Gresham's Law states that if a new ...
Trading Center