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ECONOMIC BENEFITS OF CREP

 

CREP pays participants annual rent on enrolled land, offers cost-share for installing conservation practices, provides funds towards required maintenance, and offers incentive payments for certain conservation practices.

 

Type of Payment

Rental
Payment-
USDA

Maintenance
Payment-
USDA

Installation
Cost Share
-USDA

Practice
Specific
Cost Share
-DEP

Practice
Incentive
Payment
(PIP)-USDA

Signup Incentive Payment
(SIP)-USDA

Purpose of Payment

Earns you income on CREP acres.

Helps with required practice maintenance

Helps reimburse eligible costs.

Helps reimburse eligible costs.

Incentive payment for certain practices.

Incentive payment for certain practices.

Timing of Payment

Paid annually, after October 1st

Included in annual rental payment.

Paid after practice is installed and certified.

 Paid after FSA makes payment.

 A one-time payment made after practice installation.

A one-time payment made after contract is approved.

Payment Rate

Rent is based on your soils.

Based on practice.

Up to 50% of total eligible cost.

Up to 50% of total eligible cost for certain practices

Up to 40% of total eligible cost.

$10 per acre per year, not to exceed 10 years.

Helpful Hint:
Let the professionals
do the math!

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Visit your local Farm Service Agency (FSA) office, and submit an offer for CREP. FSA will explain the program, eligibility, and your soil rental rate for your offered land.

Helpful Hint:
Think cash flow  
could be a problem?

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Think you'll have trouble with the up-front cost of installing a buffer? Ask FSA about the assignment of payment option, to pass the cost-share payments directly to your contractor!