2030 Finance | November 2, 2020

Iroquois Valley Farmland Trust raises $2 million to accelerate shift to organic

Jessica Pothering
ImpactAlpha Editor

Jessica Pothering

ImpactAlpha, November 2 – Iroquois Valley Farmland Trust encourages farmers to shift to organic practices with access to capital, mortgages and long-term land leases. Rodale Institute, an agricultural research nonprofit, invested $2 million from its endowment and operating budget in the Evanston, Ill.-based real estate investment trust.

Iroquois raised $6 million earlier this year through “soil restoration notes,” for accredited investors. The REIT also fundraises through a direct-public offering that is available to non-accredited investors (see, Iroquois Valley Farmland’s direct public offering lets smaller investors get a share of ‘soil wealth’).