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The wetlands of Louisiana are water-saturated coastal and swamp regions of southern Louisiana, often called 'Bayou'.
The Coastal Wetlands Planning, Protection, and Restoration Act, (CWPPRA, pronounced kw?pr?), otherwise known as the Breaux Act, is federal legislation enacted in 1990 to fund the design and construction of coastal wetlands restoration projects.
This article by the National Wildlife Federation details the problems of building homes over wetlands: shifting slabs, damp basements, cracked driveways, mold, erosion, clogged storm drains, downstream flooding and more.
Yes, in most cases you will need approval from the U.S. Army Corps of Engineers - the specific type will vary depending on your project. In addition to the permit issued by Office of Coastal Management - Permits & Mitigation Division, what other permits may be required?
Costs also vary greatly by state, market value and demand, and the cost of recouping investment capital. The average cost per credit in Louisiana is $20,000 to $40,000 for non-coastal wetlands and $60,000 to $100,000 for coastal wetlands.