MONTGOMERY, Ala. — Gov. Kay Ivey has awarded $26 million of CARE Act funding to the Alabama Agriculture Stabilization Program.
Here's a breakdown of where the funding will go:
- Direct Payment Business Stabilization Grants to Cattle Producers- $10.5 million
- Meat Processing Plant Reimbursement Program- $1.5 million
- Poultry Farmer Stabilization Grant Program- $4 million
- Catfish Processor Reimbursement Program- $500,000
- Fruit & Vegetable Processor Reimbursement Program- $500,000
- State Supplemental CFAP Grant Program- $8 million
- Nursery Grower Reimbursement Program- $1 million
“Agriculture has an economic impact of over $70 billion in the state of Alabama. I know firsthand how hard our farmers work each day, and they are without a doubt a major part of who we are in Alabama,” Gov. Ivey said. “Due to COVID-19, numerous farms and processing facilities have struggled to remain open and sell their products. Establishing the Alabama Agriculture Stabilization Program is not only the right thing to do to protect our farmers, but it also key to stabilizing Alabama’s economy.”
In total, Alabama received approximately $1.9 billion of federal CARES Act funding.
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