Water Bank Program

CFDA 10.929 Active Cooperative Agreement Other Financial Assistance
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Program Funding

Annual program obligations reported to SAM.gov.

Latest annual funding (estimated)
$4.3M FY2026
$2.4M
FY24
$38K
FY25
$4.3M
FY26*
* estimated

Funded Projects

Examples of what this program has supported.

FY2025 There were no contracts awarded.

Program Objective

To preserve and improve major wetlands as habitat for migratory waterfowl and other wildlife, conserve surface waters, reduce soil and wind erosion, contribute to flood control, improve water quality, improve subsurface moisture, and enhance the natural beauty of the landscape.

Eligibility

Eligible Applicants

  • Federally Recognized Tribal Government
  • Tribal Government (other)
  • Land/Property Owner

Applicants must have land in Minnesota, North Dakota and South Dakota.

Beneficiaries

  • Federally Recognized Tribal Government
  • Tribal Government (other)
  • Land/Property Owner

Landowners and operators of specified types of wetlands in designated important migratory waterfowl nesting, breeding and feeding areas. Program is offered in Minnesota, North Dakota and South Dakota.

How to Apply

Award Procedure

New contracts were accepted in FY 2024. Current contracts remain in effect with payments being made until the expiration date.

The period officially specified for the program year.

Program details & compliance

Description

Provides financial and technical assistance to agricultural landowners to implement water conservation on their land.

Mission Categories

Primary: Agricultural Resource Conservation and Development

Other categories:
Agriculture Stabilization and Conservation

Use of Funds

Allowed Uses

Agreements are for 10 years with eligible landowners to help preserve important nesting, breeding, and feeding areas of migratory waterfowl. During the agreement, the participants agree in return for annual payments not to drain, burn, fill, or otherwise destroy the wetland character of such areas and not to use areas for agricultural purposes, as determined by the Secretary. The Secretary carries out the program in harmony with wetlands programs administered by the Secretary of the Interior and uses technical and related services of appropriate State, Federal, and private conservation agencies to assure proper coordination.

Required Documentation

Identification as an owner and/or operator of eligible land; a conservation plan developed in cooperation with the local soil and water conservation district; and proof of required compliance.

Reporting & Compliance

Audit Required
Yes — Annual
Records Retention
10 years

Applicable 2 CFR 200 Subparts

  • Subpart B — General Provisions
  • Subpart C — Pre-Federal Award Requirements
  • Subpart D — Post-Federal Award Requirements
  • Subpart E — Cost Principles
  • Subpart F — Audit Requirements

Formula

No additional information is needed.

Contacts

Myron Taylor, Branch Chief, Programs Branch, Financial Assistance Programs Division
202-690-2191
1400 Independence Ave. SW Room 4534-S, Washington, DC 20250
Data from SAM.gov Federal Assistance Listings. Source published: 2026-02-04. Spec v2.0. Last synced: 2026-05-29 05:35:58.