Loans & Grants
2014 Brownfields Funding Webinar June 4th 2014
The U.S. Environmental Protection Agency (EPA), the State Water Resources Control Board (SWRCB) and the Department of Toxic Substances Control (DTSC) held the Keys to Securing Brownfields Funding webinar on June 4th 2014. Agency experts discussed their respective grant guidelines. Topics included: Applicant and Site Eligibility Criteria; Application Steps; and Success Stories. For more information, please access the presentation material from this informative session below.
Targeted Site Investigation (TSI) Program
The TSI Application is now closed.
The TSI Program is a grant program in which brownfields sites are selected to receive environmental investigation services through a competitive application process. For the selected sites, DTSC oversees the investigation and develops a report at no cost to the applicant. The goal of the TSI Program is to facilitate the redevelopment planning and reuse of brownfields. The Grant application deadline was July 11, 2014.
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The TSI Grants for 2013-2014 were awarded to:
U.S. Environmental Protection Agency (EPA) Brownfields Grant
The U.S. EPA offers a variety of grant and loan programs and technical assistance to help communities assess and clean up brownfields and prepare them for redevelopment. The proposal package for the fiscal year 2014 assessment, cleanup and revolving loan fund grants is currently available at U.S. EPA's Brownfields Grants page. The application deadline is January 22, 2014. In order to develop a complete proposal package, the U.S. EPA requires a letter of acknowledgement from a state agency. Learn how to obtain a Letter of Acknowledgment from DTSC. All requests must be received by January 10, 2014.
Revolving Loan Fund (RLF) Program
The DTSC RLF Program establishes a revolving loan fund that provides loans to help developers, businesses, schools, and local governments clean-up and redevelop brownfields. This is a brownfields clean-up loan program administered through a Cooperative Agreement with the U.S. Environmental Protection Agency (U.S. EPA).
RLF Success Stories and Current Projects
To establish your own RLF Program, refer to the U.S. EPA website.
For more information about the RLF Program, contact Maryam Tasnif-Abbasi at (714) 484-5489 or Maryam.Tasnif-Abbasi@dtsc.ca.gov.
Cleanup Loans and Environmental Assistance to Neighborhoods (CLEAN) Loan Program
This is a state-funded loan program that provides low-interest loans of up to $100,000 to conduct preliminary endangerment assessments and low-interest loans of up to $2.5 million for the cleanup or removal of hazardous materials where redevelopment is likely to have a beneficial impact on the property values, economic viability and quality of life of a community. Learn more about the CLEAN loan program.
Brownfields Tax Incentives
Originally signed into law in 1997 and extended through Dec. 31, 2011, the Brownfields Tax Incentive encourages the cleanup and reuse of brownfields. Under the Brownfields Tax Incentive, environmental cleanup costs are fully deductible in the year incurred, rather than capitalized and spread over time. Learn more about Brownfields Tax Incentives.