Alabama Agricultural Development Authority


The Alabama Agricultural Development Authority (AADA) is a public corporation that promotes the development of agriculture in Alabama, by making available to persons engaged in agriculture in Alabama, funds for use in agricultural operations at interest rates lower than would be otherwise attainable. AADA was established by the Alabama Legislature in 1980.

AADA is a public corporation with its own Board of Directors and staff. Although closely connected, AADA does not come under the oversight or funding of the Alabama Department of Agriculture and Industries. AADA's funds are loaned to deserving agriculture interests. Since its inception in 1980, AADA has loaned over $7.8 million to assist Alabama farmers and cattlemen with their agricultural operations through various loan programs.