1. National, State and Local Funding Opportunities for Conservation Easements MALT Conservation Easement Conference for Financial, Legal and Real Estate Professionals September 29, 2017 Bozeman, MT  Gallatin Valley Land Trust

2. Introduction

3. Conservation Easement Overview
Purpose of conservation easements
Protect key lands
Protect culture
Benefits to landowners
Control
Remains private
Compensation

4. Types of Funding Opportunities
Public: City, County, State, Federal
General requirements to receive funding
Private: Individuals, Foundations

5. Purchased Easement Programs
Land Trust Roles in
Purchased Easement Programs
Match landowner intent with funder interest and financial capacity
Assist funding source by ensuring strategic investments
Logistics
Stewardship

6. City and County Open Space Funding
City Trails Open Space and Parks Bond
County Open Space Bonds

7. State Funding Habitat Montana – MT Fish, Wildlife and Parks
Montana Sage Grouse Habitat Conservation Program

8. Federal Funding Federal Programs
Land and Water Conservation Fund (LWCF)
North American Wetlands Conservation Act (NAWCA)
Forest Legacy Program (FLP)
forestry

9. Federal Funding Regional Conservation Partnership Program (RCPP):
Agricultural Conservation Easement Program (ACEP)
Agricultural Land Easement (ALE)
Wetland Reserve Easements (WRE)
Environmental Quality Incentives Program (EQIP)
Conservation Stewardship Program (CSP)
Healthy Forests Reserve Program (HFRP)

10. Gallatin Conservation Partnership
Federal Funding
Gallatin Conservation Partnership
OBJECTIVES
Soil Health
Water Quality
TOOLS
ALE - private land conservation easements
EQIP - projects to improve stewardship practices

11. Gallatin Conservation Partnership
Federal Funding
Gallatin Conservation Partnership
Outcomes
$3.8 Million Allocated
ALE
EQIP
Partner Contributions
New exposure

12. Private Funding Montana Fish and Wildlife Conservation Trust
The Conservation Fund
Foundations/Individuals

13. Mitigation Funding Sources
Montana Aquatic Resources Services (MARS)
Natural Resource Damage Program
Bonneville Power Fish Mitigation

14. Case Studies Toohey Easement - 2015 NRCS County Open Space Bond Funds
Flikkema/Kamp Easements
RCPP

15. Toohey Conservation Easement

16. Toohey Conservation Easement
Match and Leverage
CE Value
$4,627,500
54%
(of FMV)
OLB Funding Request
$1,083,000
$1,129/ac
23%
(of CE Value)
NRCS Matching Funds & Landowner Donation
$3,544,500
77%

17. Flikkema Dairy and Kamps Conservation Easements

18. Conservation Easement
Flikkema LF Dairy
Conservation Easement

19. Flikkema LF Dairy Match and Leverage FMV Before CE $5,380,000 100%
FMV After CE
$3,380,000
63%
CE Value
$2,000,000
37%
OLB Request
$200,000
$340/ac
10%
Proposed OLB Allocation
$84,023
NRCS Matching Funds & Landowner Donation
$1,800,000
90+%

20. Conservation Easement
Kamps
Conservation Easement

21. Kamps Match and Leverage FMV Before CE $4,425,000 100% FMV After CE
$2,775,000
63%
CE Value
$1,650,000
37%
OLB Request
$165,000
$338/ac
10%
Proposed OLB allocation
$69,323
Matching Funds & Landowner Donation
$1,490,000
90+%

22. Thank you!
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