Carbon credit Market

$200M in relief funding available for loggers, timber haulers affected by pandemic

Up to $125K is available per individual or entity

MADISON -- A process by which loggers and timber haulers can apply for relief funding for losses from Covid-19 has been announced almost seven months after Congress passed the $200 million funding measure .

Applications for assistance are due by Oct. 15 from loggers and truckers who experienced a “gross revenue decline” of at least 10% for the year 2020 compared to 2019. The Pandemic Assistance for Timber Harvesters and Haulers program (PATHH) will be administered by the Department of Agriculture’s Farm Service Agency (FSA).

Eligibility for payments will be based on whether the individual or entity applying derives 50% or more of its revenue from one or more of these activities:

  • Cutting timber

  • Transporting timber

  • Processing of wood on-site on the forest land (chipping, grinding, converting to biochar, cutting to smaller lengths, etc.)

Successful applicants may relieve a minimum initial payment of up to $2,000, according to the USDA announcement. Further payments may be made based on the availability of funding up to a maximum of $125,000 per individual or entity.

More information from the USDA can be found at https://www.farmers.gov/corona...


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