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This bill amends the Consolidated Farm and Rural Development Act to modify the Heirs' Property Relending Program (HPRP), which provides loans to help resolve ownership and succession issues on farmland with multiple owners. The bill allows eligible entities receiving HPRP loans to use up to 30 percent of loan funds for administrative costs of relending, and authorizes the Secretary of Agriculture to forgive administrative cost portions of loans. It also increases the program's authorization from $10 million to $60 million and extends the authorization period through 2029.
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