Wetland Mitigation Banking Program

Objective

The Wetland Mitigation Banking Program supports the establishment and development of agricultural wetland mitigation banks to make credits available to producers. These credits help producers meet their wetland conservation compliance responsibilities to maintain eligibility for many USDA programs administered by the FSA and NRCS, and maintain eligibility for the Federal crop insurance premium subsidy administered by the USDA Risk Management Agency.

Who Can Apply

• Other

Proposals will be accepted from applicants in any of the 50 States, the District of Columbia, the Caribbean Area (Puerto Rico and the U.S. Virgin Islands), and the Pacific Islands Area (Guam, American Samoa, and the Commonwealth of the Northern Mariana Islands). NRCS will accept proposals from eligible entities that include federally recognized Native American tribal governments; state and local units of government; for-profit entities; nonprofits with or without a 501(c)(3) status with the IRS other than institutions of higher education; private institutions of higher education; and public and State-controlled institutions of higher education.

Who Benefits

• Other

Mitigation banks established through this program are for the explicit and sole purpose of assisting agricultural producers with wetland conservation compliance, also known as Swampbuster compliance, through other USDA programs.

Assistance Types

• Grant

Program Contact

wmbp@usda.gov
435-253-0920