|
There are several type
of assistance available. Forest Management Services can help
you determine which is best for your situation.
- Conservation
Reserve Program (CRP)
-- federal program which offers cost-share for planting trees
on highly erodible crop land plus an annual
payment for 15 years.
- Wetlands
Reserve Program (WRP)
-- focuses more on wetland and/or flood prone crop land; the government
buys a permanent lease.
- Forestry
Development Act (FDA)
-- for Illinois residents only--cost-sharing is provided not only
for planting and seedlings, but for herbicide applications as
well. It is funded through a 4% tax on the sale of timber
in Illinois.
- Stewardship
Incentive Program (SIP)
-- federal program in which owners are eligible for a one-time
payment on planting. For small areas and those not classified
as highly erodible farm land. This program is administered
through the state Department of Natural Resources.
- Other incentives -- reduction of property taxes on established
tree plantations, tax credit of 10% on non-cost-shared portion,
and income tax deduction of non-cost-shared portion.
We are aware of these programs and work directly with them.
We can assist you in creating a new planting that will keep the initial
investment low.
|
|