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Wetland Mitigation Banking in Michigan

Wetland Mitigation Banking in Michigan

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Why <strong>Michigan</strong> Encourages <strong>Wetland</strong><strong>Bank<strong>in</strong>g</strong>• Preferred method of mitigation under Federal<strong>Mitigation</strong> Rule and 2009 amendments to Part303.• Applicant benefits- Reduced permit process<strong>in</strong>g time and costs- Increases certa<strong>in</strong>ty of mitigation• State benefits- Provid<strong>in</strong>g for establishment of new wetlands <strong>in</strong>advance of losses- Consolidat<strong>in</strong>g small mitigation projects <strong>in</strong>to larger,better designed and managed units- Encourages <strong>in</strong>tegration of wetland mitigation projectswith watershed based resource plann<strong>in</strong>g

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