The Agricultural Conservation Easement Purchase program enablesstate, county and local governments to buy conservation easements,sometimes called development rights, from owners of farmland thatmeets certain criteria. Among the qualifying stipulations is a50-acre minimum, an assessment of the extent and type ofnon-agricultural uses nearby, and the existing control of erosionand sedimentation on the land.
The objective is to slow the loss of prime farmland tonon-agricultural uses, including commercial real estatedevelopment. Farmers can receive proceeds from the sales in a lumpsum, in five-year installments, or on a long-term installment basisin order to pay down debt, expand farming operations and/or passfarms onto the next generation.
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