Iowa Agricultural Development Division - Iadd

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 division (iadd) of the iowa finance authority (ifa) may be able to lend a helping hand. the iada was established by the iowa general assembly in 1980 to provide financial assistance to iowa’s grain and livestock producers. operating expenses for the iadd are derived from modest application and service fees paid by program participants. the iadd also earns interest from a trust fund, but it does not receive any state tax dollars. the beginning farmer loan program and loan participation program help iowa farmers purchase agricultural land, depreciable machinery or equipment, breeding livestock or buildings. the ifa loans may also be used to improve existing buildings or farmland. the beginning farmer tax credit program and custom farming tax credit encourages owners o