CLIMATE SMART
COMMODITIES PROGRAM
FINANCING NOTICE
Akiptan continues to have a record demand of applications and while this means that our style of financing and technical assistance is needed, it is also generating a longer waiting period during the application process. However, our staff is doing the best that they can to process all applications in a timely manner, while also making sure that borrowers continue to receive proper technical assistance and beneficial financing. Please know that the timeline is currently a few months out from application submission to the Loan Committee for review. If you have concerns about the timeline of your application, please reach out to your loan officer or email us at info@akiptan.org.
The project provides forgivable operating loans to Native producers, in addition to nationwide education, outreach, marketing and technical assistance.
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Akiptan offers climate-smart loans that are designed to allow producers to build their balance sheet and increase their cash flow all while implementing climate-smart agriculture practices. ​​
ELIGIBILITY
•Farmers must provide partners with authorization to obtain a subsidiary print and FSA Tract Maps from USDA for each crop year they are enrolled, which will be used for routine grant reporting.
• Enrolled farmers must certify they have control of the land for the length of the agreement term.
• Farmers cannot receive federal funds for the same practice on the same land at the same time while enrolled in the Innovative Finance Initiative.
• Entities receiving the loan are required to improve the ability of Indian producers to generate climate-smart agricultural commodities in Indian country.
• Farmers must demonstrate implementation and completion of at least one climate-smart practice.
• All applicants must be actively involved in the day-to-day labor and management decisions of the operation.
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Questions?
For more questions please reach out to Program Officer Craig Harry
Email: craig@akiptan.org | Phone: 605-301-0515​
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