Source: NCSU COOPERATIVE EXTENSION, 8/4/22

The list below contains a variety of different government programs that can assist or benefit farmers financially. Beneath the list, there is also a downloadable “quick-guide” to government financial assistance programs.

Tax Programs
The Present Use Value Program: The present use program offers farmers and landowners a significant tax saving on property taxes for farmland. Instead of being taxed at fair market value, the land is taxed at a much lower agricultural value. To qualify, a landowner must have at least five acres of horticultural crops, ten acres of pasture or cropland, or 20 acres of forestland. In addition, for horticultural, pasture, and cropland each parcel must generate at least $1000 in yearly gross revenue from ag use. For forestland, the landowner must have an approved forest management plan. Be aware: this is considered a tax deferral program, so if the property is no longer farmed and removed from the program, landowners are responsible for paying up to three years of back property taxes. For more information, please contact your local county tax assessor.

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