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Brownfields Revolving Loan Fund (RLF) Program

Department of Toxic Substances Control · CA
Response deadline
Jun 30, 2021
Closed
Date posted
Jul 14, 2020

Description

Purpose: The purpose of the Brownfields Revolving Loan Fund (RLF) Program is to facilitate the reuse/redevelopment of contaminated sites by making low-cost financing available for the cleanup of eligible publicly or privately-held properties. The RLF Program establishes a revolving loan fund that provides loans to help developers, businesses, and local governments clean up and redevelop brownfields. This is a brownfields cleanup loan program administered through a Cooperative Agreement with the United States Environmental Protection Agency (U.S. EPA). The applicant is an eligible entity—this includes any public or private entity with control over or access to the site; borrower may not be potentially liable under CERCLA section 107 for cleanup costs at the site—exception may be if the borrower qualifies for a CERLCA bona fide prospective purchaser, contiguous property owner, or innocent landowner limitation on liability—these latter applicants must carry out (or have already carried out) “all appropriate inquiries” as found in CERCLA section 101(35)(B) on or before acquiring the site and must meet certain continuing obligations. The Grant accepts ongoing applications, however remediation must be completed by July 31, 2021. Eligible Applicants: Loan: Local government agencies, nonprofit organizations, and tribes who are not responsible parties. Sub-grant: Eligible borrowers include local government agencies, nonprofit organizations, and tribes who are not responsible parties. Eligible Geographies: Within State of California

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Documents (1)

  • Grant guidelines
    Not yet available

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