Wednesday, September 29, 2010
Loans for Conservation Projects
In the past USDA farm loan programs had not specifically addressed conservation practices. Therefore, the Farm Service Agency has just recently starting the Conservation Loan program for landowners to install conservation practices on their land.
Eligible conservation practices must be approved by the Natural Resources Conservation Service (NRCS), such as the installation of conservation structures; establishment of forest cover; installation of water conservation measures; establishment or improvement of permanent pastures; implementation of manure management; and the adaptation of other emerging or existing conservation practices, techniques or technologies.
Direct Loans can range up to $300,000. For more information contact your local FSA office or visit their website.