Black Farmers Settlement 2024 Payout. Black farmers got $2 billion in usda payments to address discrimination in farm loans. The lawsuit came after findings that black farmers lost approximately $326 billion of land due to discrimination during the 20th century.
Crump and the farmers argued that the federal government breached its contract with socially disadvantaged farmers under the american rescue plan act. The payouts come nearly two years after the inflation reduction act of 2022 created a fund to help farmers of any ethnicity who experienced discrimination from the federal government when.