The Homegrown Fertilizer Act directs the Secretary of Agriculture to provide grants and loans to help businesses, nonprofits, cooperatives, tribal organizations, and state and local governments build or expand fertilizer and nutrient production facilities in the United States. Eligible entities can receive up to $100 million in grants, which must be matched with equal non-Federal funds, or access direct or guaranteed loans for activities including constructing new facilities, purchasing equipment, improving worker safety and environmental compliance, and training workers. The bill prioritizes projects that improve production methods, increase competition, reduce fertilizer prices and volatility for farmers, or dedicate additional capacity to U.S. agricultural production, with a requirement that recipients repay grants if they sell their facilities to major market competitors within ten years. Projects are limited to five years, though the Secretary can extend this timeline if warranted. Funding will come from the Department of Agriculture's Commodity Credit Corporation borrowing authority, and the program will coordinate with other federal agencies to help applicants access additional resources.
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