Agricultural Water Quality Loan Program
The Arkansas Natural Resources Commission, in conjunction with the Randolph County Conservation District and participating banks, provides low-interest loan money to agricultural land owners for installation of conservation practices that reduce non-point source pollution impacts to water quality.
Any interested agricultural land owner within Randolph County should contact the Radnolph County Conservation district to obtain an application. Once a completed application has been returned to the conservation district and endorsed by the conservation district board of directors, the applicant is eligible to receive a low-interest loan of up to $100,000 from any participating bank so long as the applicant is approved by the bank. An applicant may be an individual, fiduciary, partnership, limited liability company, or corporation. The participating bank shall determine the interest rate in conjunction with the Arkansas Natural Resources Commission. The participating bank shall determine the loan terms, but in no case will such a term exceed ten years.
Eligible practices for these loans:
1) Construction of tail water recovery systems
2) Construction of irrigation reservoirs
3) Purchase of no-till drills
4) Construction of stacking sheds
5) Construction of ponds and fencing for livestock
6) Land leveling
All applicants shall agree to maintain the project for the term of the loan and to allow site inspections by USDA NRCS during the duration of the loan agreement.
The Arkansas Natural Resources Commission, in conjunction with the Randolph County Conservation District and participating banks, provides low-interest loan money to agricultural land owners for installation of conservation practices that reduce non-point source pollution impacts to water quality.
Any interested agricultural land owner within Randolph County should contact the Radnolph County Conservation district to obtain an application. Once a completed application has been returned to the conservation district and endorsed by the conservation district board of directors, the applicant is eligible to receive a low-interest loan of up to $100,000 from any participating bank so long as the applicant is approved by the bank. An applicant may be an individual, fiduciary, partnership, limited liability company, or corporation. The participating bank shall determine the interest rate in conjunction with the Arkansas Natural Resources Commission. The participating bank shall determine the loan terms, but in no case will such a term exceed ten years.
Eligible practices for these loans:
1) Construction of tail water recovery systems
2) Construction of irrigation reservoirs
3) Purchase of no-till drills
4) Construction of stacking sheds
5) Construction of ponds and fencing for livestock
6) Land leveling
All applicants shall agree to maintain the project for the term of the loan and to allow site inspections by USDA NRCS during the duration of the loan agreement.
