How PLC Protects
Land Protection Funding
The cost of land protection includes many of the costs associated with any real estate transactions such as fees for legal services, surveys and appraisals. Additional land protection costs include biological and environmental assessments, staff time, and acquisition expenses. While many landowners choose to donate all or part of the value of the development rights on their property, often it is necessary to raise funds to complete land protection projects. PLC solicits pro bono services and raises additional funds from a variety of sources including membership gifts, private foundations, corporations, and government programs.
Raising additional funds can be the limiting factor in the successful completion land protection projects. Therefore, PLC has created alternative funding options – a bank line of credit and the Land Protection Revolving Fund -- to provide short-term financing when a highly significant land protection opportunity is in danger of being lost due to insufficient funds. In both instances, a plan to replenish the funds being used must be identified and board approval is required. Line of Credit and Revolving Fund money cannot be used to cover PLC staff time related to the project.