Buffalo Trace offers assistance with agricultural programs for our entire service area. These programs offer grant and loan money that is funded by the Kentucky Agricultural Development Fund (KADF), through the Governor’s Office of Agricultural Policy.
By process of the Kentucky Agricultural Development Board, KADF monies are invested into innovative proposals that increase net farm income and affect tobacco farmers, tobacco-impacted communities and agriculture across the state, by stimulating markets for Kentucky agricultural products, finding new ways to add value to Kentucky agricultural products, and exploring new opportunities for Kentucky farms and farm products. Buffalo Trace offers assistance with applying for such funds.
The ADD currently provides administration assistance with the County Agricultural Investment Program (CAIP) for Bracken and Mason Counties, which is funded through KADF. The CAIP program uses funds originated from the Tobacco Settlement to aid individual farmers with activities that will generate extra income to help replace lost revenue from tobacco production. Under this program, eligible activities include fencing, water, livestock purchase and genetic improvement, hay and equipment storage, cattle handling facilities, and more. The goal of the program is to lessen the dependence on tobacco income through diversified agricultural.
The Kentucky Agricultural Development Board (KADB) and the Kentucky Agricultural Finance Corporation (KAFC) offers assistance with funding and financing for a variety of other areas, such as the Deceased Farm Animal Removal Program, On-Farm Energy Efficiency Incentives, Shared-Use Equipment Program, Agricultural Infrastructure Loan Program, Beginning Farmer Loan Program, and more.