Mitigation banks are large-scale, protected wetlands that are designed, permitted, and restored to offset environmental impacts caused by development. These banks follow strict state and federal guidelines to ensure that wetland conservation efforts maintain a no net loss of wetlands.
At Alafia River Wetland Mitigation Bank, Inc. we provide state approved mitigation credits to developers, contractors, and government agencies that need to compensate for wetland impacts.
Mitigation credit requirements are determined using UMAM (Uniform Mitigation Assessment Method), which evaluates wetland quality and impact levels. The number of credits needed depends on the quality of the affected wetland:
If a project chooses on-site mitigation, the required ratio is typically 5 to 10 acres of mitigation for every 1 acre impacted. However, by purchasing off-site mitigation credits from Alafia River Wetland Mitigation Bank, Inc., developers can meet regulatory requirements more efficiently and cost-effectively.
