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Wetland Mitigation Banking FAQ - Eligibility, Evaluation & Payment - Part 2

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Eligibility, Application Evaluation, and Payment, part 2

 

14. Is there a cost-matching requirement?

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15. Other than land acquisition are there other activities that will not be funded?

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16. Can a landowner have a bank to use this program for income?

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17. Can interested persons and entities apply to establish a bank(s) in Puerto Rico?

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18. Can we as farmers put banks on our own land to service our own wetland mitigation?

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19. What is the maximum award amount?

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20. Would forested wetland conversion be eligible for mitigation banking?

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21. What is the difference between a commercial mitigation bank versus.an agriculture use mitigation bank?

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22. Can a funded Banker make a profit from the federal funds, or do they have to subtract those federal funds first?

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23. Does an award recipient have to pay back the USDA grant?

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24. Will a bank that produces significant income with the bank have to report it?

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25. May an applicant propose more than one site under the same proposal?

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26. Please clarify again if you would, specifically on what lands are eligible for a mitigation bank.

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27. The Announcement for Program Funding does not reference reimbursement for the restoration activities needed to create the bank sites. Would grant funds pay for these activities?

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28. There may be some banks which adopt more conservative credit release schedules to make sure they are in fact replacing full functions and values of lost wetlands. Will these banks be at a disadvantage in the ranking process?

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Eligibility, Evaluation & Payment - Part 1 | Eligibility, Evaluation & Payment - Part 2 | Corps of Engineers/CWA | Credits/Functional Assessment | Other

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