| Purchase of Agricultural Conservation Easements: Sources of Funding |
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Purchase of Agricultural Conservation Easements: Sources of Funding
American Farmland Trust; Northampton, MA: American Farmland Trust; FIC Fact Sheet and Technical Memo; page(s) 4; 2006; National; Fact Sheets and Technical Memos
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Abstract:
Purchase of agricultural conservation easement (PACE) programs compensate property owners for restrictions on the future use of their land. One of the biggest challenges in administering PACE programs is figuring out how to pay for them. It is necessary to have reliable sources of revenue to allow farmers and ranchers to incorporate the sale of easements into their long-term financial plans. This fact sheet provides an overview of funding sources and identifies some issues to address when deciding how to pay for easements.
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