07-14-20 A Closer look Inside the Colorado Ag Development Authority as CADA Celebrates its 40th Anniversary Year!

A Closer look Inside the Colorado Ag Development Authority as CADA Celebrates its 40th Anniversary Year!

Featuring:: CADA Executive Director Jim Rubingh, First Pioneer National Bank’s Tom Bennet & Holyoke Beginning Farmer/CADA Loan Recipient Dusty Sprague

The BARN – BRIGGSDALE, CO – July 14, 2020 – The Colorado Agricultural Development Authority (CADA) loan program is known as the Beginning Farmer Program. It’s a program that involves a three-way transaction between the lender, the borrower and CADA.

  • $52,000,000 in bonds to assist over 350 beginning farmers.
  • $15,000,000 in bonds to help establish four agricultural processing facilities in Colorado
  • $20,500,000 for four agricultural sewage facility bonds totaling $20.5 million.

And this year is CADA’s 40th Anniversary. With that in mind joining the Colorado Ag News Network and FarmCast Radio inside The BARN is Jim Rubingh, CADA Executive Director, Tom Bennet, President First Pioneer National Bank of Wray & CADA Loan Recipient Dusty Sprague

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To learn more about First Pioneer National Bank visit https://www.fpnb.bank/

To learn more about applying for assistance from the Colorado Ag Development Authority (CADA) visit https://cadafarmloan.com/