Jump to Content
ABA: The American Bankers Association
Issue

ACRE Act Enactment

ABA Position

The Access to Credit for our Rural Economy Act, also known as ACRE, will help sustain and grow rural America by making it easier for farmers, ranchers and rural homeowners to access low-cost credit.

ACRE will:

  • Lower the cost of making a loan backed by agricultural real estate, thereby increasing community bank participation in the rural real-estate market. 
  • Enhance competition between lenders for agricultural and rural housing loans, lowering the cost of credit for rural borrowers.
  • Help expand access to local credit in rural America by enabling more community banks to make agricultural real estate and rural home loans.

ABA encourages members of Congress to:

Cosponsor ACRE. Helping farmers, ranchers and rural homeowners gain easier access to competitive, low-cost credit is a bipartisan priority. Demonstrate your support for this important effort by co-sponsoring the legislation.

Hold Hearings on ACRE.. The House Agriculture and Ways and Means committees and the Senate Agriculture and Finance committees have jurisdiction over this legislation. We urge these panels to hold hearings on the value of ACRE to farmers, ranchers and rural homeowners.

Show MoreShow Less

Read ACRE Backgrounder

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Sit amet consectetur adipiscing elit. Vitae tempus quam pellentesque nec nam aliquam sem et tortor.

View Resource

Related Training & Events

close-video-modal

0:30

Video

Support the ACRE Act

  • News

Policy Library

Our Experts

Ed Elfmann

Ed Elfmann

Senior Vice President, Agricultural & Rural Banking Policy

For questions on agricultural and rural banking policy

Contact Edwin
Anthony Pardal headshot

Anthony Pardal

Vice President, State Legislation

For questions on agriculture, rural banking and cannabis, as well as state and local advocacy

Contact Anthony

Press Contact

Sarah Grano

(202) 663-5470

Contact Sarah

Stay Connected

Agricultural and Rural Bankers Committee

14 agricultural and rural bankers from around the country volunteers their time to provide guidance and recommendations.

Ag Bank Network

Connect with bankers in your field. Discuss hot topics, learn key news and updates, and stay organized—all on one site designed specifically for ag bankers.

Ag Banking Email Bulletin

Get an easy-to-read, monthly summary of news, issues and original reporting for agricultural lenders and rural bankers.