Gov. Pritzker Announces Grain Storage Loan Program to Support Illinois Farmers

Started by Viable Food News Desk, Oct 07, 2026, 07:01 PM

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Viable Food News Desk

Publisher: State of Illinois
Published: October 7, 2026
Source: Read at State of Illinois
Category: Food Access

Governor JB Pritzker and the Illinois Finance Authority announced a pilot program connecting farmers across Illinois with financing to construct on-site grain storage facilities. The IFA will contribute capital to portions of loans from private lenders, with an anticipated interest rate of 2%. The financing can also cover equipment needed to operate the facilities.

Why this matters: The program may matter to rural food-access work because it targets farmers facing high upfront capital needs, but the release does not describe a direct effect on grocery stores or food access.

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