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Farmers Home Administration: Sales of Farm Inventory Properties

RCED-91-98 Published: Apr 09, 1991. Publicly Released: Apr 09, 1991.
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Highlights

Pursuant to a congressional request, GAO reviewed the Farmers Home Administration's (FmHA) farm inventory property sales, focusing on the: (1) prices at which FmHA sold properties or offered them for sale; (2) extent to which beginning farmers acquired those properties and whether such properties were appropriate; and (3) effect of conservation easements on the agricultural uses of the properties.

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Agricultural programsCapitalFair market valueGovernment guaranteed loansLoan defaultsProperty disposalReal estate salesReal property acquisitionSoil conservationConservation easements