The AgBMP Loan Program provides needed funding for local implementation of clean water practices at an extremely low cost, is unique in its structure, and is not duplicated by any other source of funding. The AgBMP loan program provides 3% loans through local lenders to farmers, rural landowners, and agriculture supply businesses. Funds are used for proven practices that prevent non-point source water pollution or solve existing water quality problems.
Per Minnesota Laws, 2009, Chapter 172, Article 4, Section 2, Subd. 5, "Funds in this subdivision are appropriated to the commissioner of the Department of Administration for grants to the named organizations for the purposes specified in this subdivision. Up to one percent of funds may be used by the Department of Administration for grants administration. Grants made to public television or radio organizations are subject to Minnesota Statutes, sections 129D.18 and 129D.19."