About
The Conservation Reserve Enhancement Program (CREP) is a part of the Conservation Reserve Program (CRP) the country's largest private-land conservation program. Administered by the Farm Service Agency (FSA), CREP targets specific State or nationally significant conservation concerns, and federal funds are supplemented with non-federal funds to address those concerns.
In exchange for removing environmentally sensitive land from production and establishing permanent resource conserving plant species, farmers and ranchers are paid an annual rental rate along with other federal and non-federal incentives as applicable per each CREP agreement. Participation is voluntary, and the contract period is typically 10-15 years.
Eligibility
A producer must have owned or operated the land for at least 12 months prior to submitting the offer for continuous or 12 months before the close of general or grasslands signup, unless:
The new owner acquired the land due to the previous owner’s death;
The ownership change occurred due to foreclosure where the owner exercised a timely right of redemption in accordance with state law or;
The circumstances of the acquisition present adequate assurance to FSA that the new owner did not acquire the land for the purpose of placing it in CREP or CRP.
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Details
Tags
Organization
Farm Service Agency (FSA)
Financial Instrument
Easement
Image Credit
Updated January 28, 2021
This information was gathered from public sources. Ambrook is not responsible for or able to affect the results of any financial programs listed, nor are they responsible for any incorrect information that is listed or is on the hyperlinked external sites. All information is subject to change.