X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

DETROIT-Two meetings in Lansing and Roscommon will address how municipalities can ask for state money to keep farm land from being commercially developed.The Michigan Agricultural Preservation Fund Board is seeking public comment on its proposed guidelines and application process for selecting applications from local governments for buying development rights, according to Dan Wyant, director of the Michigan Department of Agriculture.

Wyant’s department oversees both the fund and the board. To qualify for a grant, a local government must develop and adopt a preservation ordinance, update the community master plan to include farmland preservation and provide matching funds of at least 25%.

Once an application is submitted, the board will evaluate, score, and rankgrant applications on market value of agricultural products grown per acre; the loss of farmland acres; the amount of farmland in the county; the number of rural non-farm residents; and the percent of match and the portion which has been provided by the local unit of government.

Because MDA and the board must wait until sufficient funds are available, the first grant cycle will likely occur no earlier than 2004.

Since 1998, the MDA-run program has acquired 59 development rights easements protecting over 13,900 acres at an investment of more than $26 million.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 3 free articles* across the ALM subscription network every 30 days
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

Dig Deeper

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.