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Jun 12, 2021

Judge dismisses famers of color loan forgiveness program.

 


" federal judge has halted a loan forgiveness program for farmers of color in response to a lawsuit alleging the program discriminates against White farmers.

U.S. District Judge William Griesbach in Milwaukee issued a temporary restraining order Thursday suspending the program for socially disadvantaged farmers and ranchers, the Milwaukee Journal Sentinel reported.

The program pays up to 120% of direct or guaranteed farm loan balances for Black, American Indian, Hispanic, Asian American or Pacific Islander farmers. President Joe Biden's administration created the loan forgiveness program as part of its $1.9 trillion COVID-19 pandemic relief plan."

Source: CBS News story

The suit was filed by "The Wisconsin Institute for Law and Liberty".

Which makes me wonder...where was that group during all of the decades during which it was black farmers getting the short end of the deal? 

Oh, they were only founded in 2011? I see.

Just FYI, HERE is a history of loan inequality by race.

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