This $811,111.70 federal Project Grant awarded by the U.S. Department of Agriculture's Natural Resources Conservation Service (NRCS) under the Wetland Mitigation Banking Program (CFDA 10.933) is intended to expand wetland mitigation banking opportunities for agricultural producers located in the state of Wisconsin. The grant will support the development and operation of approved wetland mitigation banks that generate credits to help offset impacts to wetlands from agricultural activities, enabling producers to maintain eligibility for various USDA programs. The Wisconsin Department of Natural Resources, as the grant recipient, will likely collaborate with other state/local entities, nonprofits, and businesses to execute projects such as establishing new wetland mitigation banks, continuing regional wetland exchange programs, closing agricultural drainage wells, and marketing approved mitigation credits to USDA program participants across Wisconsin. The grant has an award date of September 29, 2023 and a targeted completion date of August 1, 2027.
Generated 7/2/24, 1:30 PM