NOFO4 Briefing Sheet July 2024.pdf

State, Private, and Tribal Forestry | July 2024

Briefing Sheet: Landowner Payment Programs for Carbon Stewardship Practices A Funding Opportunity from USDA Forest Service

Purpose The purpose of this funding opportunity is to provide financial compensation to private forest landowners for the implementation of practices that provide measurable increases in carbon sequestration and storage, as directed by the Inflation Reduction Act. Eligible applicants are responsible for proposing practice lists and project designs that will have a meaningful climate impact.

Maximum Award Each eligible applicant may request up to $5 million. A non-federal match of 20 percent of the total project cost is required. Match waivers will be considered if the applicant demonstrates significant benefits to underserved landowners.*

Eligible Applicants The following entities are eligible to apply:

• State forestry agencies or their equivalents

• Nonprofit organizations

Eligible Lands Practices supported by this funding opportunity must be implemented on private forest land. Land must also be rural, forested (or able to grow trees), and owned by an eligible recipient of practice payments. Tribal land held in trust by the federal government on behalf of Tribes and individual Tribal members is considered eligible.

Eligible Recipients of Practice Payments Private forest landowners are eligible to receive practice payments from eligible applicants.

Capacity Applicants may propose to use up to 20 percent of funds for administrative and project management costs, while at least 80 percent of funds should be reserved for practice payments to landowners.

Applicants are encouraged to develop new or grow existing partnerships to increase project capacity, efficiency, and impact.

Carbon Benefit Applicants are required to estimate the anticipated carbon benefits associated with their projects.

Estimates, as well as the methodologies used to arrive at these estimates, should be submitted as part of each proposal.

How to Apply To learn more and apply, visit grants.gov and search for Opportunity Number USDA-FS-2024-IRA- FLS-04. Applications are due September 30, 2024.

Learn More Contact sm.fs.landownerIRA@usda.gov with questions.

*For full details, download the Notice of Funding Opportunity from the grants.gov listing, under Related Documents.

https://www.grants.gov/search-results-detail/355252 https://www.grants.gov/search-results-detail/355252 mailto:sm.fs.landownerIRA@usda.gov