Not quite. I think in this case the "black" (I need to review the bill to see how they define it) farmers would take the land and loans, spend the loans, then sell the land, spend that money too, default on the loans.

The coup de grâce would be that the default of the loans and "loss" of farm would then be used as further proof of racism against black farmers.

I for one, can't wait to see how this plays out.