Money Creek Farm, our latest farmland purchase for lease to a 5th generation farm family in Illinois. Look for this story in a future newsletter.

4TH QUARTER UPDATE

IROQUOIS VALLEY AWARDED A CONSERVATION INNOVATION GRANT

Iroquois Valley was awarded a $700,000 Conservation Innovation Grant from USDA's Natural Resources Conservation Services (NRCS). Our three year project will focus on establishing and funding up to $25 million of new operating lines of credit for organic and conservation-minded farmers. This product complements our long-term land access work. The funding is provided through the Conservation Innovation Grants (CIG) program, which is funding the future of agriculture and conservation through grants to organizations and universities that are developing the next generation of tools and technologies to boost conservation on agricultural lands. The 2019 CIG recipients can be found here .

CLOSING OUT THE SOIL RESTORATION NOTE OFFERING

The 2018 Soil Restoration Notes offering is officially closed. The company raised more than $6MM through 55 investments from a broad coalition of investors including individuals, families, non-profits, family offices and the ImpactAssets Donor Advised Fund . Iroquois Valley plans on launching a new note offering in early 2020 that will continue to fund the Organic Transition Pool for farmers in the portfolio who are building soil health while achieving USDA organic certification.  The initial Soil Restoration Note Offering was funded in part through a 2016 Conservation Innovation Grant. As always, if you are interested in hearing more about our investment opportunities please email  invest@iroquoisvalleyfarms.com.

FIRST REDEMPTION PERIOD CLOSED

For the first time in Company history, Iroquois Valley was able to offer investors liquidity through a structured end of the year Redemption Program. All investors that had owned shares for at least 5 years were able to request redemption for some or all of their holdings. The Company offered to buy back 5% of all outstanding equity and approximately 4% was requested and redeemed, totaling just over $1.7 million. This is an important step in encouraging new investment and showing that we can offer farmers long-term tenure on the land while simultaneously creating liquidity for our investors, a strategic corporate goal.

ROCK CREEK NORTH PURCHASE

Iroquois Valley closed on 150 acres in November on land adjacent to our 80-acre Rock Creek South property. This new acquisition, called Rock Creek North, will be leased to the same farmer, Gary Anderson. Reinvesting with the Anderson family allows them to continue building their business. The land's proximity to Rock Creek provides the opportunity to integrate place-based land restoration. The long-term plan for this property includes: Restoration of natural wetlands currently being used for agricultural production Establishment of an agroforestry operation on the high ground Using charitable funding for the renovation of an old farmhouse (our own little house on the prairie) Re-introduction of livestock and pasture Cooperation with partners to provide more farmer training and education Development of new risk sharing agreements with farmers and ecological service providers. Funds received from the sale of wetland credits will be utilized to pay for trees and perennial crops. We hope to feature this farm as a demonstration site where the public can experience Iroquois Valley's vision, only an hour south of Chicago.

LEGAL DISCLAIMER

Iroquois Valley Farmland REIT, PBC is offering its common stock for sale pursuant to Tier 2 of Regulation A+ and as such intends to be exempted from state qualification pursuant to federal law. Some of the statements herein may constitute forward-looking statements under federal securities laws. Such forward-looking statements are subject to various risks and uncertainties, including those described in the Offering Circular. No offer to sell securities or solicitation of an offer to buy securities is being made herein or in any state where such offer or sale is not permitted under the blue sky or state securities laws thereof. Offerings are only made through our Offering Circular, available here . No offering is being made to investors unless and until the offering has been noticed in that state, as applicable. In compliance with state securities laws, Iroquois Valley Farmland REIT, PBC is prohibited from offering and selling securities to residents of the following states until further notice: AZ and FL. Furthermore, no offer to sell securities or solicitation of an offer to buy securities is being made in the following states: AL, AR, ND, OK, and WV.

CONNECTING FARM FAMILIES, COMMUNITIES, AND INVESTORS SINCE 2007   As a corporate guideline,  we do not look for specific farmland to purchase or finance. We develop relationships with farmers, mostly young and organic, who want to grow their farm business. We move forward when we have a ready, willing and able farmer.

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Iroquois Valley Farmland REIT | Public Benefit Corporation    Certified   B  Corporation | Est. 2007 (847) 859-6645 |   info@iroquoisvalleyfarms.com  |   iroquoisvalley.com