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Wetland Mitigation Banking Program 2026 Projects

Partner: Wisconsin Department of Natural Resources
State: Wisconsin
Project Summary:
The Wisconsin Department of Natural Resources will expand and improve the Wisconsin Agricultural Mitigation Bank (WAMB). They will work to facilitate credit sales to producers, monitor and enhance current mitigation sites, develop new mitigation sites, and market the mitigation program.
Total Funding: $610,558

Partner: Wetland Mitigation II
State: Michigan
Project Summary:
Wetland Mitigation II will develop four wetland mitigation banks in southern and mid-Michigan. Together, the sites would restore, enhance, or create approximately 107 acres of forested wetlands and serve 12 HUC8 watersheds with significant unmet compliance needs. The resulting mitigation credits would be available exclusively to agricultural producers needing to address wetland-compliance obligations.[CD3]
Total Funding: $1,000,000

Partner: Magnolia IN LLC
State: Indiana
Project Summary:
Magnolia IN LLC currently sponsors the Indiana Conservation Exchange, Indiana s only agricultural wetland mitigation bank, and has operated at least one bank site in the program since 2022. The initial credit release at the existing Indiana bank sold out within the first year, and remaining inventory is anticipated to be depleted by the end of 2027. Magnolia will establish a minimum 30-acre forested wetland reforestation bank in eastern Indiana. 
Total Funding: $712,720

Partner: Iowa Agricultural Mitigation INC
State: Iowa
Project Summary:
This project is a public-private partnership between Iowa Agricultural Mitigation, Inc., the Wright County Conservation Board, and Wright County Drainage District No. 29 to restore a depressional wetland located in Wright County, Iowa. The project will result in added management capabilities of a public owned recreation area, the reduction in size and maintenance requirements of the drainage district, and the restoration of approximately 20 acres of depressional emergent wetland.
Total Funding: $345,000

Partner: South Dakota Farm Bureau
State: South Dakota
Project Summary:
This project will expand the current South Dakota Ag Wetland Exchange, a wetland banking program that helps agricultural producers meet wetland compliance provision requirements and remain eligible for USDA program benefits. South Dakota Farm Bureau will identify, design, and establish four additional wetland mitigation bank sites in high-demand areas of eastern South Dakota, generating approximately 120 mitigation credits.
Total Funding: $680,620

Partner: North Dakota Agricultural Mitigation, Inc.
State: North Dakota
Project Summary:
North Dakota Agricultural Mitigation, Inc. will help manage and grow the North Dakota Wetland Trade program to provide North Dakota producers with a cost-efficient and reliable system to address their wetland mitigation needs, while at the same time providing incentives for landowners agreeing to restore or create wetlands. 
Total Funding: $565,000

Partner: Waypoint, LLC
State: Illinois
Project Summary:
Waypoint, LLC will create mitigation credits exclusively for agricultural producers subject to the wetland conservation compliance provisions of the Food Security Act. The work will be centered on a primary southern Illinois property of approximately 1,000 acres.
Total Funding: $500,000