Kentucky Approves $375K in Farm Loans for Breckinridge, Meade Counties

State agriculture finance agency supports new and expanding farming operations

Published on Feb. 17, 2026

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The Kentucky Agricultural Finance Corporation approved $375,000 in loans for farming projects in Breckinridge and Meade counties as part of $3.7 million in total agricultural financing across the state. The funds will support new and expanding farming operations through the Beginning Farmer Loan Program and Horticulture Incentives Loan Program.

Why it matters

These state-backed loans aim to bolster agricultural development in rural Kentucky communities, providing critical capital for farmers looking to start or grow their operations. The funding helps address challenges facing the agriculture industry, such as access to capital for new farmers and incentives for specialty crop production.

The details

The $375,000 in approved loans includes $100,000 for the Beginning Farmer Loan Program in Breckinridge County and $250,000 for the same program in Meade County. An additional $25,000 was awarded to Meade County through the Horticulture Incentives Loan Program. These programs are designed to assist individuals with farming experience who want to develop, expand or acquire a farming business.

  • The Kentucky Agricultural Finance Corporation approved the loans on February 13, 2026.

The players

Kentucky Agricultural Finance Corporation

A state agency that provides financing to support agricultural development and growth across Kentucky.

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The takeaway

These state-backed loans demonstrate Kentucky's commitment to supporting the next generation of farmers and promoting agricultural diversification, which are crucial for the long-term viability of the state's rural economies.