Wetland Mitigation Banking Fund Program - Loan

The primary purpose of the Wetland Mitigation Bank Funding (WMBF) Program is to promote the development of bank sites in areas that do not currently have existing markets and available credits. Eligible municipalities can apply for low-interest loans to develop a wetland mitigation bank. WMBF Loans can be used to complete and execute the wetland mitigation banking agreement, complete engineering and design for the wetland mitigation bank, purchase land for the wetland mitigation bank, construct the wetland mitigation bank, and conduct monitoring and maintenance necessary to ensure that performance standards are or will be met. Applications are accepted on an ongoing basis starting July 1, 2014.