Natural Ecology of
the Bay
CBF Land Conservation Program
The Chesapeake Bay Foundation
supports land conservation efforts not only through education
and negotiations (such as in the 1999 acquisition of 76,000
acres on the eastern shore), but also through its Revolving
Loan Fund ("RLF"). The RLF can be used to help
support the conservation of particularly valuable lands through
purchase of fee ownership and/or easements. Use of the RLF is
generally for short-term purposes; for example, for closing
costs, option contracts or earnest money, or bridge loans. It
has occasionally been used to cover part of outright fee/easement
purchase costs. Generally, the loan is a renewable one-year
instrument, whose monthly interest-only payments are pegged
well below market rate. A solid plan for repayment is required.
The purpose of the revolving loan fund is to help others
acquire and manage important natural and working landscapes.
On occasion, CBF itself will undertake to protect land by
holding an easement or fee ownership in property by itself
or with others. Usually, CBF helps facilitate land conservation
transactions between property owners and potential private
or non-profit conservation buyers/easement holders or the
public sector. We have partnered with the Trust for Public
Land, The Conservation Fund, and others, to undertake complex
land protection transactions in Maryland and Virginia.
Contact the Lands program for an outline of requirements.
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