(NAFB.com) – The Minnesota Department of Agriculture’s Rural Finance Authority is now accepting applications for the 2025 Beginning Farmer Tax Credit. This annual program is available to landlords and asset owners who rent or sell farmland, equipment, livestock, and other agricultural assets to beginning farmers. $4 million in funding has been made available for the 2025 Beginning Farmer Tax Credit program. Credits are funded on a first-come, first-serve basis, and applying early in the year to beat the application deadlines is heavily encouraged. Both the asset owners and beginning farmers must submit applications with lease and/or sale documentation to qualify for funding and hold their place in line. Applications can be made before sales close, if needed. For more information on the tax credits and application materials visit the https://www.mda.state.mn.us/bftc. Questions may be directed to Jenny Heck at jenny.heck@state.mn.us or (651) 201-6316.