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2024 Wetland Mitigation Banking Program Projects

This year’s awarded projects are: 

Corblu Ecology Group LLC 
Funding Amount: $641,590
Georgia 
Corblu Ecology Group LLC will develop a new mitigation site under the Georgia Agricultural Wetland Bank umbrella banking instrument to meet the needs of USDA producers in Georgia.  The site is proposed to be in the coastal plain ecoregion in a high or moderate priority watershed and will include up to 50 acres of wetland restoration/enhancement. 
 
Ellingson Drainage, Inc. 
Funding Amount: $975,300 
Minnesota 
Ellingson Drainage, Inc. and its partner, Moore Engineering, Inc., will develop three to five wetland mitigation bank sites under this project in southern and western Minnesota.  Agricultural producers will be able to access 150-200 bank credits. 
 
Iowa Agricultural Mitigation, Inc. 
Funding Amount: $999,900 
Iowa 
This project is a public-private partnership between Iowa Agricultural Mitigation, Inc., the Wright County Conservation Board, Wright County Drainage District No. 229, the Iowa Department of Natural Resources, and several area farmers and landowners.  The project will result in the restoration of approximately 75 acres in Wright County in north-central Iowa. 
 
Magnolia IL LLC 
Funding Amount: $599,500
Illinois 
Magnolia IL LLC proposes to expand the previously approved Illinois Conservation Exchange umbrella banking instrument to include an additional mitigation bank site, generating a minimum of 40 acres of forested wetland mitigation credits in the northwestern part of the state.  
 
Michigan Department of Natural Resources  
Funding Amount: $1,000,000 
Michigan 
This project will expand Michigan’s Wetland Mitigation Banking Program to provide 250 credits to agricultural producers to mitigate wetland conversions and maintain compliance with Farm Bill wetland provisions.  A combination of grant and partner funds will be utilized to restore a minimum of ten wetlands in Michigan’s southern Lower Peninsula. 
 
Minnesota Board of Water and Soil Resources 
Funding Amount: $994,800 
Minnesota 
This project will create a minimum of six wetland banks and develop 115 wetland credits.  These banks will be established in the Upper Red River, Lower Mississippi River, Mississippi Headwaters, Middle Mississippi River, Minnesota River, and Missouri River Watersheds. 
 
Wetland Mitigation II 
Funding Amount: $1,000,000 
Michigan  
This project aims to help develop four sites to achieve a minimum of 157.5 acres of high-quality forested wetlands in southern and mid-Michigan. There is a high demand for credits in these areas.   
 
Wisconsin Department of Natural Resources  
Funding Amount: $981,480 
Wisconsin
Wisconsin Department of Natural Resources seeks to further support the Wisconsin Agricultural Mitigation Bank by developing an additional 64 wetland credits on two sites.