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First-Time Farmer Bond Program (Aggie Bond) is sponsored by Illinois Finance Authority (IFA). This program provides affordable financing to new, low net worth farmers for capital purchases, including agricultural land. IFA works with the borrower's local lender to issue a tax-exempt bond, allowing the lender to charge a lower interest rate to the borrower.
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Or search similar grants →According to the current listing, eligibility includes: The applicant must be an individual, a permanent resident of Illinois when the bond is issued, at least 18 years of age, and have a net worth of not more than $500,000 at the time of application. Confirm the full requirements in the official notice before applying.
First-Time Farmer Bond Program (Aggie Bond) is funded by Illinois Finance Authority (IFA). Verify program details on the funder's official page before applying.
This opportunity targets applicants in Illinois. If your organization operates elsewhere, check the official notice for location requirements.
Start from the official opportunity page linked in this listing — it carries the sponsor's submission instructions.
The Citi Foundation announced its 2026 Community Finance Initiative grantees on September 23, 2026 — 70 nonprofits at $500,000 apiece. The competition closed with a February 18 letter of inquiry, and the audited-financials and no-fiscal-sponsor rules screened the field before a single proposal was read.
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