Type of Payment |
Rental
Payment-
USDA |
Maintenance
Payment-
USDA |
Installation
Cost Share
-USDA |
Practice
Specific
Cost Share
-DEP |
Practice
Incentive
Payment
(PIP)-USDA |
Signup Incentive Payment
(SIP)-USDA |
Purpose of Payment |
Earns you income on CREP acres. |
Helps with required practice maintenance |
Helps reimburse eligible costs. |
Helps reimburse eligible costs. |
Incentive payment for certain practices. |
Incentive payment for certain practices. |
Timing of Payment |
Paid annually, after October 1st |
Included in annual rental payment. |
Paid after practice is installed and certified. |
Paid after FSA makes payment. |
A one-time payment made after practice installation. |
A one-time payment made after contract is approved. |
Payment Rate |
Rent is based on your soils. |
Based on practice. |
Up to 50% of total eligible cost. |
Up to 50% of total eligible cost for certain practices |
Up to 40% of total eligible cost. |
$10 per acre per year, not to exceed 10 years. |