AgCredit distributes $21 million to borrower-owners
This is the 36th consecutive year that profits have been distributed to borrower-owners.
Read MoreOhio Gov. Mike DeWine and Ohio Department of Agriculture Director Dorothy Pelanda announced Jan. 15 that $30 million in H2Ohio funding will be available for Ohio farmers in more than a dozen counties beginning next month. The funds will be awarded as part of Governor DeWine’s H2Ohio plan to reduce agricultural phosphorus runoff and prevent algal blooms in Lake Erie.
“Since announcing the details of my H2Ohio plan in November, we’ve had a great deal of interest from farmers in the Maumee River Watershed who want to do their part to improve the health of Lake Erie,” said Governor DeWine. “H2Ohio will provide farm-by-farm support to help farmers minimize phosphorus runoff while increasing profit over the long-run.”
Farmers living in the following 14 northwest Ohio counties will be eligible to apply for funds at their local Soil and Water Conservation Districts starting Feb. 1, 2020: Allen, Auglaize, Defiance, Fulton, Hancock, Hardin, Henry, Lucas, Mercer, Paulding, Putnam, Van Wert, Williams and Wood.
H2Ohio will fund investments in 10 scientifically proven interventions to reduce nutrient runoff from agriculture, which is the primary cause for algal blooms in Lake Erie and elsewhere. Algal blooms can threaten drinking water and impact the health of both people and animals.
“Ohio farmers want to be part of the solution to water quality concerns in our state,” said ODA Director Pelanda. “The Ohio Department of Agriculture is excited to work with our partners to help farmers implement these best practices which is a critical first step toward achieving better water quality through H2Ohio.”
The Ohio Department of Agriculture, in partnership with local Soil and Water Conservation Districts and the Ohio Agriculture Conservation Initiative, will host informational meetings next month to outline the application process, explain the H2Ohio certification process, and answer questions. Farmers living in any of the 14 qualifying counties are welcome to attend any of the following meetings:
Wood/Lucas Counties
Feb. 4 | 3 p.m.
Veterans Hall, Owens Community College
30335 Oregon Rd., Perrysburg
Allen/Van Wert Counties
Feb. 5 | 2 p.m.
Delphos Eagles
1600 E. 5th St., Delphos
Defiance/Paulding Counties
Feb. 5 | 6 p.m.
Defiance K of C Hall
111 Elliott Rd., Defiance
Auglaize County
Feb. 11 | 6 p.m.
Auglaize County Jr. Fair Building
1001 Fairview Dr., Wapakoneta
Mercer County
Feb. 18 | 6 p.m.
American Legion Hall
601 N. 2nd St., Coldwater
Henry/Putnam Counties
Feb. 20 | 6 p.m.
Fogle Center
815 E. Mathias St., Leipsic
Fulton/Williams Counties
Feb. 27 | 6 p.m.
Kissell Community Building
509 N. Main St., West Unity
Hancock/Hardin Counties
Feb. 28 | 9:30 a.m.
McIntosh Center, Ohio Northern University
402 W. College Ave., Ada
The H2Ohio phosphorus reduction plan will focus first on reducing runoff into the Maumee River Watershed and Lake Erie but will eventually be offered to other parts of the state.
The $30 million is part of an overall $85 million provided by the Ohio General Assembly for H2Ohio in the first year of the biennium. The remaining first-year funds will focus on reducing phosphorus runoff through the creation of wetlands, as well as on improving water quality by preventing lead contamination and addressing failing septic systems.
H2Ohio is a partnership between the Ohio Department of Agriculture, Ohio Environmental Protection Agency, Ohio Department of Natural Resources, Lake Erie Commission, and a broad coalition of agriculture, education, research, conservation and environmental partners.
This is the 36th consecutive year that profits have been distributed to borrower-owners.
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