Working with our regional partners through the Shenandoah Valley Conservation Collaborative (SVCC), the Alliance has created the Shenandoah Valley Fund. This revolving loan fund will assist landowners with gap funding to cover the costs of completing conservation easements on their land.
First, a conservation easement is a voluntary agreement, established between a landowner and non-profit conservation organization or public agency, which places specific permanent restrictions on the use and development of a property. A landowner sometimes chooses to do this to preserve the environmental integrity of the land and/or because they want the parcel to remain intact as a legacy for generations to come.
For many landowners, at first glance, conserving their land can seem complicated and expensive. Transaction costs are increasingly a barrier to landowners who want to protect their properties with a conservation easement, especially since a lot of these costs require payment up-front before the monetary benefits of the easement kick in. Transaction can costs include: