About the bill
The Consolidated Farm and Rural Development Act of 1961 (P.L. 87-128) authorized a major expansion of USDA lending activities, which at the time were administered by Farmers Home Administration (FmHA), but now through the Farm Service Agency. The legislation was originally enacted as the Consolidated Farmers Home Administration Act of 1961.
The S. 1643 legislation was signed into law by the thirty-fifth President of the United States John F. Kennedy on August 8, 1961.
In 1972, this title was changed to the Consolidated Farm and Rural Development Act, and ...