Wetland Mitigation Banking Program

SUMMARY INFORMATION
Federal Awarding Agency Name: U.S. Department of Agriculture – Natural Resources Conservation Service (NRCS)
Notice of Funding Opportunity Title: Wetland Mitigation Banking Program
Notice of Funding Opportunity Number: USDA-NRCS-NHQ-WMBP-24-NOFO0001315
Assistance Listing: This program is listed in the Assistance Listings (previously referred to as the Catalog of Federal Financial Assistance) on Sam.gov under 10.933 Wetland Mitigation Banking Program (WMBP) which can be found at: https://sam.gov/content/home.

SAM is a web-based, government-wide application that collects, validates, stores, and disseminates business information about the federal government's trading partners in support of the contract awards, grants, and electronic payment processes.

Notice of Funding Opportunity Summary
The Natural Resources Conservation Service (NRCS) delivers conservation solutions so agricultural producers can protect natural resources and feed a growing world. NRCS provides leadership and funding to ensure that all programs and services are made accessible to all customers, fairly and equitably, with emphasis on reaching historically underserved farmers and ranchers and Native American tribal governments and organizations. NRCS is committed to advancing equity, justice, and equal opportunity to ensure equitable access to programs and services available on private agricultural and forest lands.

NRCS is announcing the availability of up to $7 million in WMBP grant funds for the development and establishment of mitigation banks and banking opportunities solely for agricultural producers with wetlands subject to the wetland conservation compliance provisions of the Food Security Act of 1985 (as amended). WMBP is a competitive grants program accepting proposals from: federally recognized Native American tribal governments; state and local units of government; for-profit entities; nonprofits with or without a 501(c)(3) status with the IRS other than institutions of higher education; private institutions of higher education; and public and state-controlled institutions of higher education. Applications will be accepted from eligible entities in any of the 50 states, the District of Columbia, the Caribbean (Puerto Rico and the U.S. Virgin Islands), and the Pacific Islands (Guam, American Samoa, and the Commonwealth of the Northern Mariana Islands). Priority will be given to banks in states with significant numbers of individual wetlands, wetland acres, and conservation compliance requests. Based on NRCS data, these states are: Iowa, Michigan, Nebraska, Wisconsin, Illinois, Minnesota, Indiana, South Dakota, Pennsylvania, Georgia, and Ohio.

For new users of Grants.gov, see Section D. of the full Notice of Funding Opportunity for information about steps required before submitting an application via Grants.gov.

Key Dates
Applicants must submit their applications via Grants.gov by 11:59 pm Eastern Time on August 2, 2024. For technical issues with Grants.gov, contact Grants.gov Applicant Support at 1-800-518-4726 or support@grants.gov. Awarding agency staff cannot support applicants regarding Grants.gov accounts.
For inquiries specific to the content of the NFO requirements, contact the federal awarding agency contact (section G of this NFO). Please limit questions to those regarding specific information contained in this NFO (such as dates, page numbers, clarification of discrepancies, etc.). Questions related to eligibility, or the merits of a specific proposal will not be addressed. A webinar for potential WMBP applicants is scheduled for 12:00 p.m. (EST) on June 12, 2024. You can participate in the webinar through the following options:

Microsoft Teams: WMBP Webinar Link
Meeting ID: 235 488 356 751
Passcode: tykaMc
Call-In: +1 (202) 650-0123
PIN: 820 732 935#
The agency anticipates making selections by November 2024, and expects to execute awards by February 2025. These dates are estimates and are subject to change.

Federal Funding Floor and Ceiling Amounts
The estimated funding floor for this opportunity is $100,000 and the estimated funding ceiling is $1 million. The funding floor means the minimum agreement funding amount for the Federal share per agreement awarded. The ceiling is the maximum agreement funding amount for the Federal share per agreement awarded. These numbers refer to the total agreement amount, not any specific budget period.

Federal Financial Assistance Training
The funding available through this NFO is Federal financial assistance. Grants 101 Training is highly recommended for those seeking knowledge about Federal financial assistance. The training is free and available to the public via https://www.cfo.gov/resources/federal-financial-assistance-training/.
It consists of five modules covering each of the following topics: 1) laws, regulations, and guidance; 2) financial assistance mechanisms; 3) uniform guidance administrative requirements; 4) cost principles; and 5) risk management and single audit. FPAC agencies also apply Federal financial assistance regulations to certain non-assistance awards (e.g., non-assistance cooperative agreements).