AUGUSTA — The Dairy Improvement Fund (DIF) is a new revolving loan program to help Maine dairy farms and enterprises fund capital improvements to maintain and enhance the viability of their farms.
The DIF program will assist farms that are engaged in the commercial production of cow milk or cow milk products. It was developed by the Maine Department of Agriculture, Conservation and Forestry (DACF) and is administered by the Finance Authority of Maine (FAME). The program will operate in accordance with three core principles to provide financial support for sound business propositions; offer funds at reasonable rates and terms; and partner with private sector equity.
The DACF and FAME will host an informational meeting at the Marquardt Building, Room 118, 32 Blossom Lane, Augusta from 10:30 a.m. to 12:30 p.m. Thursday, June 14, for all dairy farms interested in learning more about this investment opportunity.
More about the program can be accessed on DACF’s Dairy Fund Improvement webpage and at the FAME Dairy Fund Improvement webpage, which provides the department’s eligibility form and FAME’s loan application.
Copy the Story LinkSend questions/comments to the editors.
Success. Please wait for the page to reload. If the page does not reload within 5 seconds, please refresh the page.
Enter your email and password to access comments.
Hi, to comment on stories you must . This profile is in addition to your subscription and website login.
Already have a commenting profile? .
Invalid username/password.
Please check your email to confirm and complete your registration.
Only subscribers are eligible to post comments. Please subscribe or login first for digital access. Here’s why.
Use the form below to reset your password. When you've submitted your account email, we will send an email with a reset code.