Young Farmers Investment Act of 1979

[AI summary unavailable — showing source text] Young Farmers Investment Act of 1979 - Amends the Consolidated Farmers Home Administration Act of 1961 to authorize the Secretary of Agriculture to make direct and insured loans to farmers with low net income or low net worth for the acquisition and improvement of owner-operated farms. Grants special consideration to young farmers with respect to such loans. Limits the amount of any such loan to the present market value of the farm as improved. Permits the amortization of at least 50 percent of such loan over a period of 40 years.…