Revolving Loans Fund Program
The Commission's Revolving Loan Fund, which was created in 1991, enables the soil and water conservation districts to purchase equipment to be made available to landowners for the installation of soil and water conservation practices.
Loans are made for a period of five years with semi-annual payments at an interest rate of 3.5 percent. Over the past 9 years, 60 of the 82 soil and water conservation districts have participated in the Revolving Loan Fund program.
Equipment valued at more than $1.7 million has been purchased through this program, which includes 52 John Deere no-till drills.
|10' 10' John Deere Grain Drill|
|Litter / Lime Buggy|
Education Enhancement Funds
In addition to the Revolving Loan Fund, for the past several years the MSWCC has received funding from the State's Education Enhancement Fund to assist districts in purchasing equipment to demonstrate conservation measures and to introduce students to the conservation of soil and water resources.
These funds are used to complement the Revolving Loan Fund to allow districts to purchase equipment with the Education Enhancement Funds used to pay 50 percent of the cost up front.