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NC Agricultural Finance Authority

Mission Statement

The North Carolina Agricultural Finance Authority (NCAFA) was established by the North Carolina General Assembly to provide credit to agriculture in local areas where it is not available at reasonable rates and terms. The mission applies to all aspects of agriculture; farming, processing, manufacturing and exporting.

Operating Procedure

Essentially operating as the North Carolina ‘Agricultural Bank’ NCAFA originates, services, and finances loans in the agricultural sector that would otherwise not be made. Using federal guarantees and secondary markets, state funds are leveraged with minimal risk of loss. Agricultural Development Bonds (tax-exempt) are issued for agribusiness firms.

NCDA&CS Seal

Periodic Review
24 NCAC 02: N.C. Agricultural Finance Authority

At the August 21 Rules Review Commission meeting, the Commission voted to grant an extension of time to the N.C. Agricultural Finance Authority for completion of their report.

*To view the rule, please click on the rule name

Rule Citation and Name
Last Agency Action
Agency Determination
Implements or Conforms to Federal Regulation?
Federal Regulation Citation

Effective

4/1/89

Necessary without substantive public interest
No

Effective

4/1/89

Necessary without substantive public interest
No

Effective

4/1/89

Necessary without substantive public interest
No

Effective

4/1/89

Necessary without substantive public interest
No

Effective

4/1/89

Necessary without substantive public interest
No

Effective

4/1/89

Necessary without substantive public interest
No

Comment Period

The public comment period for the above rules is 9/2/14 - 11/1/14.

Submission of Comments

Comments should be directed to:

Stephanie Oxley
P.O. Box 27908
Raleigh, NC 27611
stephanie.oxley@ncagr.gov

 

 

NC Agricultural Finance Authority
Physical Address: 1101 Spring Forest Rd., Suite 150, Raleigh NC, 27615-5843
Mailing Address: PO Box 27908 Raleigh, NC 27611
Phone:919-790-3949FAX:919-790-3954