Agreement Number
17-042
Awardee Name
Iroquois Valley Farms, LLC
Grant Type
Classic
Project Title
Innovative Financing to Help Restore Soil Health: Iroquois Valley Farms' Soil Restoration Notes
Awardee State/Territory
Illinois
Involved States/territories
Illinois
Award Year
2016
Start Date
End Date
Award Amount
$944,715.00
Production/Use
Farmland Agricultural
Resource Concern (Broad)
Soil
Resource Concern (Specific)
Soil Health
Conservation Practice(s)
Cover Crop
Nutrient Management
Residue and Tillage Management
Project Background
Iroquois Valley Farms proposes to develop and offer Soil Restoration Notes, an innovative investment vehicle that will be sold to investors. Proceeds from the Notes will help Iroquois Valley’s partner farmers increase profits while transitioning land to organic production. Soil Restoration Notes can serve as an investment model for other entities engaged in organic farming.
Project Scale
Farm-level
Project targeted to Historically Underserved producers?
No
Awardee Technical Contact Name
Anna Jones-Crabtree