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Can private developers or investors apply to the Environmental Remediation Revolving Loan Fund?

April 26, 2017developers Environmental fund investors loan private REMEDIATION revolving

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Can private developers or investors apply to the Environmental Remediation Revolving Loan Fund?

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No. Money from the Environmental Remediation Revolving Loan Fund, also referred to as the Brownfields Revolving Loan Fund, is only available to political subdivisions. However, public/private partnerships are encouraged for effective redevelopment. Another option for private entities is the federal Brownfields Cleanup Revolving Loan Fund administered by IDEM.