TeachMeFinance.com - explain Farmland Protection Program (FPP)
Farmland Protection Program (FPP) The term 'Farmland Protection Program (FPP) ' as it applies to the area of agriculture can be defined as ' A program established by the FAIR Act of 1996 to fund the purchase of conservation easements of 170,000-340,000 acres of land having prime or unique soil or other desirable production qualities that are threatened by urban development. Eligibility depends upon already having a pending offer from a state or local government to protect qualifying land by limiting nonagricultural use. USDA is authorized to use up to $35 million of funds from the CCC. During the first year of operation, USDA awarded almost $15 million to 18 states to protect an estimated 50,000 acres of farmland'.
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