Mitigation bankBailey Mitigation Bank

ApprovedPrivate CommercialStreamWetland
credit sales by year — 2021: 0, 2022: 0, 2023: 0, 2024: 1, 2025: 12, 2026 (partial year, through 2026-09-10): 215 credit sales

Figures mirrored from USACE RIBITS · synced

Established 2015·Operated by Falling Springs LLC·Permit NAO-2008-1387·RIBITS #603
Service-area location

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Supply on record

Credits available

Non-Tidal WetlandsWetland
3.02credits
RiverineStream
2,229.00credits
Sponsor & point of contact

Contact information

Contact information, 7 rows
NameRoleEmailPhoneLocation
Evan OcheltreeManagerRoleOwnerEmailsales@fallingspringsllc.comPhone(804) 330-8090LocationRichmond, VA
Jason BohdanRoleSponsorEmailslashcreekllc@gmail.comPhone(804) 839-2938LocationRichmond, VA
Ben SagaraEnvironmental Scientist IIRoleConsultantEmailben.sagara@timmons.comPhone(804) 200-6567LocationRichmond, VA
Falling Springs, LLC dba Bailey Mitigation LLCRoleSponsorEmailNot recordedPhonenot recordedLocationRichmond, VA
Herman (Wes) HudsonRoleRegulatory managerEmailherman.w.hudson@usace.army.milPhone(757) 201-7808LocationRichmond, VA
Sydney Von WilsonRoleRegulatory managerEmailsydney.vonwilson@deq.virginia.govPhone(804) 316-2587LocationRichmond, VA
Mindy SpenceRoleRegulatory managerEmailMelinda.Spence@deq.virginia.govPhone(804) 912-0851LocationRichmond, VA
Ledger · withdrawals

Recent withdrawals

10 most recent
Recent withdrawals, 10 rows
DateClassificationCreditsUnitCounterparty
Date2026-08-07Stream · RiverineCredits638.00UnitUnified Stream MethodologyCounterpartyVirginia Electric & Power Company dba Dominion Energy Virginia
Date2026-02-12Stream · RiverineCredits533.00UnitUnified Stream MethodologyCounterpartyCounty of Chesterfield, Virginia
Date2025-08-12Wetland · Non-Tidal WetlandsCredits0.76UnitRatioCounterpartyIron Mountain Data Centers LLC
Date2025-06-06Wetland · Non-Tidal WetlandsCredits3.00UnitRatioCounterpartyOlga Propco LLC
Date2025-05-28Wetland · Non-Tidal WetlandsCredits0.67UnitRatioCounterpartyCounty of Henrico, Virginia
Date2025-05-28Wetland · Non-Tidal WetlandsCredits1.07UnitRatioCounterpartyCounty of Henrico, Virginia
Date2025-05-28Wetland · Non-Tidal WetlandsCredits0.04UnitRatioCounterpartyCounty of Henrico, Virginia
Date2025-05-15Wetland · Non-Tidal WetlandsCredits1.03UnitRatioCounterpartyIron Mountain Data Centers LLC
Date2025-04-30Wetland · Non-Tidal WetlandsCredits1.92UnitRatioCounterpartyLingerfelt Development LLC
Date2025-04-17Wetland · Non-Tidal WetlandsCredits0.46UnitRatioCounterpartyAbu M LLC

Nearby banks with credits available

Nearby banks with credits available, 5 rows
Mitigation bankDistance5 yr. sales
Upper Brandon Farm Mitigation BankApprovedWetlandDistance8.3 mino sales
VARTF YK-5 Cumberland MarshApprovedILFWetlandDistance9.6 misales by year — 2021: 1, 2022: 2, 2023: 0, 2024: 0, 2025: 0, 2026 (partial year, through 2026-09-10): 03 sales
VARTF LJ-12 Blair's WharfApprovedILFWetlandDistance9.9 misales by year — 2021: 1, 2022: 0, 2023: 0, 2024: 0, 2025: 0, 2026 (partial year, through 2026-09-10): 01 sale
Scandia Mitigation BankApprovedWetlandDistance10.1 misales by year — 2021: 0, 2022: 7, 2023: 9, 2024: 9, 2025: 0, 2026 (partial year, through 2026-09-10): 328 sales
New Kent Mitigation BankApprovedStreamDistance10.3 misales by year — 2021: 9, 2022: 7, 2023: 12, 2024: 6, 2025: 5, 2026 (partial year, through 2026-09-10): 241 sales

Service-area check

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About the data on this page

Bank details, status and credit balances are mirrored from the USACE RIBITS registry, the federal public record for mitigation banks. What we call a “credit sale” is a credit withdrawal — the entry written in the federal credit ledger when credits are committed to a permit. At commercial banks a withdrawal generally represents a sale; at a single-client bank it offsets the sponsor’s own project. The figures count ledger transactions, not distinct purchases — one purchase may produce several withdrawals — and we count entries rather than credits moved, because credit classes are different units and cannot be added together. Each bar in a sales chart counts the credit sales recorded in that calendar year — withdrawals from the federal ledger, not quantities of credits. The final bar is the year in progress and is shown in a different color. No bars means no sales in those years.

The operator grouping is ours, not from RIBITS. The federal registry records a sponsor for each bank but lists no parent company. We identify operators by matching sponsor names and contact details across bank records, reviewed by hand. We only display operators with at least five banks.

Contact details are mirrored from the bank’s own entry in the USACE RIBITS registry. Where RIBITS designates a Sales point of contact, we display it more prominently to get you to a contact person more quickly. The map on this page is drawn live from the EPA NEPAssist RIBITS MapServer when you load it. Nearby banks are the closest banks that currently have credits to sell, by straight-line distance between registered locations. It is a proximity list, not a statement that those banks can serve your site.

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