The Common Waters Fund will provide financial assistance to qualified 501(c)3 land trusts and conservancies for the purpose of forest conservation for source water protection. In the event that a landowner wants to donate or sell an easement to a qualified land trust, assistance is available to cover certain expenses associated with its establishment. The property must be located within a Priority Funding Area as designated by the Common Waters Fund.
Easements must be held by a 501(c)3 land trust and should be at least 25 acres in size to qualify for funding from this program. Conservation easements under 25 acres will be considered on a case by case basis and may be accepted if extraordinary values are present. Extraordinary values that will be considered include significant natural resources values for water quality or uniquely situated lands, e.g. significant stream frontage in a Priority Funding Area. All conservation easements, donated or purchased, established with funding from the Common Waters Fund, must allow sustainable forest management.