According to Moody Analytics, the destruction left behind by Hurricane Helene could cost Florida billions. The estimates of damages, including Florida and the other states that were hit, could range from $20 billion to $34 billion.
So, to help Florida farmers, ranchers, and growers impacted by Hurricane Helene, Florida Commissioner of Agriculture announced that people can apply for interest-free loans through the Agriculture and Aquaculture Producers Natural Disaster. “Providing immediate support to Florida’s agricultural producers in the aftermath of a natural disaster, especially in a region that’s still recovering from Idalia and Debby, is essential to safeguarding our food supply and our state and nation’s food security,” said Commissioner Wilton Simpson.
The program is funded and administered by the Natural Disaster Recovery Loan Program. Commissioner Simpson said those impacted are encouraged to take photos of any property damage sustained from Hurricane Helene and to save all receipts for recovery efforts and supplies. Specific details on the application process are available on the program’s webpage.
Interest-free loans up to $500,000 for eligible agriculture and aquaculture producers that have experienced damage or destruction from Hurricane Helene.
Loans may be used to restore, repair, or replace essential physical property, including fences, equipment, greenhouses, and other buildings, or to remove vegetative debris.
Producers previously awarded funds for damages sustained from Hurricane Debby may be eligible to apply for damage sustained from this disaster. An applicant may not receive more than one loan per storm, more than two loans per year, or more than five loans in any three-year period.
During a special legislative session in November of 2023, the Florida Legislature passed House Bill 1-C, which provided $75 million to the Florida Department of Agriculture and Consumer Services for a revolving loan fund to support impacted agriculture and aquaculture producers recover from natural disasters.
For more information about Commissioner Simpson and the Florida Department of Agriculture and Consumer Services, visit FDACS.gov.
