Range
Improvement Loan Program
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Started in 1979 as part of the Rangeland Resource Program •
Low-interest loans to •
Low-interest loans as an incentive for private landowners to undertake range
improvement practices •
Current interest rate = 3% •
Maximum loan amount = $50,000 •
Repayment is scheduled for a maximum of ten years with annual installments •
Loan applicant applies initially to the local conservation district where the
application is reviewed along with the conservation plan •
Loan application is then reviewed by the Montana Department of Natural
Resources and Conservation (DNRC) •
Loan application is forwarded to the Rangeland Resource Executive Committee •
Director of DNRC has final approval authority |
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