News
Manitoba offers Green Loans to help finance environmental farm practices
March 9, 2008 by Manure Manager
Manitoba producers planning to
take advantage of federal and provincial programs to enhance
environmentally sustainable farming practices can
now access additional financial help through a new Environmental Enhancement Loans Program.
Manitoba producers planning to take advantage of federal and provincial programs to enhance environmentally sustainable farming practices can
now access additional financial help through a new Environmental Enhancement Loans Program.
Environmental enhancement projects encourage producers to make changes to improve the environmental management of their farms and help with issues such as animal waste management. The new initiative focuses on providing loan assistance for projects such as improved manure storage, handling and treatment, relocation of livestock and horticulture facilities, and other environmental initiatives involving substantial capital commitment.
The Environmental Enhancement Loans are offered through the Manitoba Agricultural Services Corporation (MASC). The maximum loan is
$150,000 with repayment terms of up to 15 years. MASC’s regular eligibility criteria, such as limitations on net worth, have been waived for this loan program. As a result, Environmental Enhancements Loans provide financing at reasonable fixed interest rates and are available to all Manitoba producers planning to participate in environmental incentive programs.
www.masc.mb.ca
