EPA’s Office of Brownfields and Land Revitalization (OBLR) plans to make available approximately $8 million to supplementally fund Revolving Loan Fund capitalization grants. In order to be considered for supplemental funding, RLF recipients must have made at least one loan or subgrant prior to applying for this supplemental funding. Additionally, the RLF recipient must have significantly depleted existing available funds; demonstrated a need for supplemental
funding based on, among other factors, the number of sites that will be addressed; demonstrated the ability to administer and revolve the capitalization funding in the RLF grant; demonstrated an ability to use the RLF grant to address funding gaps for cleanup; and demonstrated that they
have provided a community benefit from past and potential loan(s) and/or subgrant(s). Full announcement available in the Federal Register.
Wednesday, March 10, 2010
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