You have a unique opportunity to access funding for cleaning up brownfield sites owned by your business. This program allows you to tackle the costs of environmental assessments and remediation without draining your resources. The money can be used solely for these cleanup activities, which means you can focus on what really matters: growing your business. By transforming contaminated land into usable spaces, you not only enhance your property but also contribute to the revitalization of your community.

Receiving this funding can significantly ease your financial burden, making it easier to move forward with redevelopment plans. This program is backed by the Infrastructure Investment and Jobs Act, offering reliable support to businesses like yours. Whether you own a small store or a larger enterprise, this funding has your back. It opens doors to new possibilities and creates a pathway to sustainable growth.

Type of Financing

This program offers grants to support cleanup activities at brownfield sites that you own. Grants are funds that you do not need to repay, making them a great option for your business.

Repayment Terms and Eligible Expenses

Since it's a grant, there are no repayment terms or interest rates involved. You can use these funds for expenses directly related to the cleanup of hazardous substances, pollutants, contaminants, and other issues tied to brownfield sites. Eligible expenses might include environmental assessments, remediation services, and equipment necessary for the cleanup process.

Restrictions and Fees

Funds cannot be used for business operations unrelated to cleanup or any personal expenses. Additionally, be aware that while there might be no fees associated with obtaining these funds, you should carefully review any program-specific requirements to ensure compliance.

• Must own a brownfield site where cleanup activities will be carried out.
• No minimum or maximum number of employees required for participation.
• No minimum or maximum revenue qualifications.
• Available to all legal structures of businesses.
• Available to all profit structures of businesses.
• Available across the country.

Disqualifiers:

• None specified.

This program offers funding specifically for cleaning up brownfield sites that you own. A brownfield site is land that may have been affected by hazardous substances or contaminants, which can complicate its redevelopment. By receiving this funding, you can safely restore these properties for new uses, creating opportunities for your business and the community.

The money from this program can be used solely for cleanup activities, helping you tackle the costs associated with environmental assessments and remediation efforts. This can significantly reduce your financial burden, allowing you to focus on growing your business instead of worrying about the cleanup expenses.

This funding is part of the Infrastructure Investment and Jobs Act, which means it is well-supported and designed to help businesses like yours thrive. By utilizing this opportunity, you can not only improve your property but also contribute to the betterment of your community by turning these sites into usable spaces.