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USDA Wetland Mitigation Banking Program - Due 08/02/24

Opportunity Title:

Wetland Mitigation Banking Program


Funder/Agency:

Department of Agriculture (USDA), Natural Resources Conservation Service (NRCS)


Opportunity Number:

USDA-NRCS-NHQ-WMBP-24-NOFO0001315

 

Description:

NRCS is announcing the availability of up to $7 million in WMBP grant funds for the development and establishment of mitigation banks and banking opportunities solely for agricultural producers with wetlands subject to the wetland conservation compliance provisions of the Food Security Act of 1985 (as amended).


Awardees must ensure the following wetland types receive priority for mitigation under the NRCS WMBP:

  • Farmed Wetland (FW)

  • Farmed Wetland Pasture (FWP)

  • Wetland (W) less than 5 acres in size that is predominantly bordered by land that has been cropped 8 of the past 10 years when the wetland is designated as degraded according to a functional assessment tool approved by NRCS

  • Converted Wetland (CW) that, prior to conversion, qualified under one of the types above, as determined by NRCS staff

 

Eligibility:

  • State and local governmental entities

  • Native American tribal governments (Federally recognized)

  • Public and State controlled institutions of higher education

  • Native American tribal organizations (other than Federally recognized tribal governments)

  • Nonprofits

  • Private institutions of higher education

  • Small businesses

  • For profit organizations other than small businesses

 

Award Details:

Total Amount Available:

$7,000,000

 

Maximum Award:

$1,000,000

 

Minimum Award:

$100,000

 

Deadline:

Applications Due August 02, 2024

 

 

Grant Management Associates has years of experience with opportunities like this one. Contact us today for a consultation.

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