Wetland Mitigation banking has been commonly used to replace wetland impacts on a national scale since the 1980’s. Mitigation banking is growing in the Midwest and becoming a preferred method to compensate for unavoidable wetland losses.
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In addition to their current banks, IAMB, Inc. is looking for future wetland mitigation sites to add to the mitigation bank to continue to provide wetland credits. IAMB, Inc. representatives can help determine if your property might be suitable for restoration and inclusion in the mitigation bank.
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Iowa Agricultural Mitigation Bank was formed in June 2010 as an Iowa 501(c)(5) non-profit corporation by individuals who were concerned and passionate about improving wetlands in the State of Iowa.
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The mission of the Iowa Agricultural Mitigation Bank is to provide wetland mitigation credits for impacts to farmed wetlands in north-central Iowa. The bank is intended to provide owners of farmed wetlands an alternative replacement option.
The goal of the IAMB is to provide an alternative, high-quality source of wetland mitigation credits in advance of their need for land improvement projects that result in impacts to farmed wetlands. The initial target area to be served includes the prairie pothole region of north-central Iowa.
The purpose of an umbrella-type bank is to provide on-going opportunities to add additional credit capacity to the bank by expanding to additional sites and service areas.
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