Incentive Programs

An annual payment through Minnesota’s Sustainable Forests Incentive Act

Minnesota’s Sustainable Forests Incentive Act provides an annual payment to woodland owners who have a current, professionally developed management plan and who follow that plan, including keeping their woods forested. The program is designed to keep forest land forested and encourage active, sustainable woodland management. The payment can be considerable. To learn more, read about SFIA below:

 

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Selling timber, a renewable resource

Timber is a renewable resource that has many advantages over alternative building materials like steel or concrete. Minnesota has a strong wood products industry, which creates opportunities for woodland owners to sell timber. Market prices depend heavily on your available wood species, volume and quality; terrain limitations and road access; current market conditions; and other factors. UMN Extension has some basic information about selling timber. A local professional forester can help you understand the value of your timber, the best time to put it on the market, how to protect your investment, and what local logging contractors might be best suited to your job. To learn more about selling timber and find a list of approved professional foresters, read below: 

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Reduced property taxes through Minnesota’s 2c tax classification
Like SFIA, Minnesota’s 2c managed forest land tax classification is designed to reduce the tax burden associated with woodland ownership. The annual property tax savings depend on your location, acreage, and other factors. To learn more, read about the 2c Managed Forest Lands tax class below:​​​

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