In light of the Tornados which impacted many Georgia residents last week, Georgia forest landowners should be aware of federal cost-share opportunities and tax incentive programs available after a natural disaster strikes. Currently, the USDA Farm Service Agency (FSA) and Internal Revenue Service (IRS) have launched programs to aid landowners affected in Georgia.
- Immediate Action: If you have been affected by the recent tornado events, it is important that you do not begin clean up (outside of small debris) prior to connecting with any of the federal assistance programs.
- Cost Share Programs: USDA FSA has extended eligibility for their “Emergency Forest Restoration Program” for producers in several West Georgia counties. This program will help pay up to 75% of the cost to restore land for items such as debris removal, site prep, fencing, fire lines, etc. FSA is working closely with the Georgia Forestry Commission on this effort. Until a Field Visit has been conducted, producers CAN NOT begin clean up or salvage harvest.
- Tax Credit Programs: The IRS is offering tax relief to individuals and businesses within Butts, Henry, Jasper, Meriwether, Newton, Spalding, and Troup counties. This tax relief postpones filing and payment deadlines until May 15th, 2023. Additionally, individuals in this area may reach out to FEMA for low-cost loans and grants to help with repair for damaged housing. For more information on the IRS tax relief, please click here
GFA will continue to work with state and national partners to provide resources to landowners. If you have questions, please do not hesitate to contact Director of Membership & Grassroots Advocacy, Tim Miller at firstname.lastname@example.org for more information.