Obtaining enough capital to pursue a career in production agriculture can be a real challenge. But if you have set your horizons on owning and managing your own crop or livestock operation, the Iowa Agricultural Development Authority (IADA) may be able to lend a helping hand.
The IADA was established by the Iowa General Assembly in 1980 to provide financial assistance to Iowaâ€™s grain and livestock producers. Operating expenses for the IADA are derived from modest application and service fees paid by program participants. The IADA also earns interest from a trust fund, but it does not receive any state tax dollars.