USDA NRCS Wetland Mitigation Banking Program (WMBP)
Program Summary
A competitive grants program supporting the development and establishment of wetland mitigation banks that make credits available to agricultural producers.
Full Description
WMBP is a competitive grants program that funds the development and establishment of wetland mitigation banks so credits are available to agricultural producers. Grant funds cover the technical and administrative work of standing up a bank, including site assessment, design, and regulatory approval. This is one of the few explicitly competitive, grant-structured NRCS water programs open to organizations rather than to individual producers, which makes it worth flagging for regional entities considering a mitigation banking strategy.
Key Details
Eligible Applicants
States, local governments, tribes, and other eligible entities developing wetland mitigation banks
Geographic Focus
PA, OH, WV
Funding Amount
Competitive grant; amount not listed
Contact
NRCS State Office, https://www.nrcs.usda.gov/state-offices