USDA’s Natural Resources Conservation Service has announced the availability of up to $5 million for wetland mitigation banks through the Wetland Mitigation Banking Program.
The monies are available to help conservation partners develop or establish mitigation banks to help producers maintain eligibility for USDA programs. Producers seeking benefits through USDA programs must comply with wetland conservation provisions by affirming they will not impact wetlands on their lands.
In situations where on-site mitigation is challenging, the farm bill allows for off-site mitigation through the purchase of mitigation banking credits. Applications must be submitted through grants.gov by July 6.
Proposals from eligible tribes, state and local governments, for-profit entities, and nongovernmental organizations are being accepted.
