Agriculture Best Management Practices (BMP) Loan Program

About this funding opportunity

Agriculture Best Management Practices (BMP) Loan Program

The AgBMP Loan Program is a water quality program that provides low-interest loans to farmers, rural landowners, and agriculture supply businesses. The purpose is to encourage agricultural Best Management Practices that prevent or reduce runoff from feedlots, farm fields, and other pollution problems identified by the county in local water plans.

Borrower

The borrower proposes a project to the local county. If the borrower meets state eligibility requirements and the project addresses local water quality priorities, the county approves the project and assists them in locating a cooperating banker.

Local Government

The projects are managed through local Soil and Water Conservation Districts or County Environmental Offices.

Lender

The local banker evaluates the financial aspects of the project. With approval of county and local bank, the project is implemented. Once the project is complete, funds are sent from the Minnesota Department of Agriculture to the local bank and the loan is drawn up between the local bank and borrower.

Clean Water Fund Allocation

A total of $28.8 million dollars have been appropriated from the Clean Water Fund to improve program's capacity to implement water quality projects.

External Links

View a map of AgBMP Loan County Contacts and Lenders")

AgBMP Loan Program 2023 Biennial Status Report")

Contact Us Richard Gruenes

Finance & Budget

651-201-6609

(link sends email) Richard. Gruenes@state.mn.us AgBMP Loan Program

Finance & Budget

651-201-6618

(link sends email) AgBMP.Loans@state.mn.us Diane Mitchell

Finance & Budget

651-201-6608

(link sends email) Diane. Mitchell@state.mn.us

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Topic areas: Agriculture and Food, Circular Economy and Sustainability, Energy and Environment.

Funding amount

This other provides Varies in funding.

Deadline

Applications are accepted on a rolling basis; there is no single fixed deadline.

Who can apply

This opportunity is open to the following applicant types:

• Not specified by the program.

Eligibility

The program did not publish a separate eligibility statement. See the official opportunity page for the full eligibility criteria.

Agency

Agriculture Best Management Practices (BMP) Loan Program is administered by Minnesota Department of Agriculture (MDA), listed via Minnesota Department of Agriculture.