What does an existing revolving loan fund (RLF) pilot do to “transition” under the new Law?
A21. A Brownfields Cleanup Revolving Loan Fund (BCRLF) pilot established prior to January 11, 2002 may “transition” under the new Brownfields Law. The EPA has published guidelines on how to transition that can be found on the EPA website. (http://www.epa.gov/brownfields/html-doc/bcrlf-4.htm) These guidelines were sent directly to all the current BCRLF pilots in October 2002. The transition process will be managed through EPA Regional offices. Requests for transition may be made at any time but to manage the work load, EPA Regions may only be able to process them during a specified “open season.” EPA has determined that the next open season will be between October 2004 and March 2005. In subsequent years, BCRLF pilots that choose to do so may transition during an ‘open season’ and should contact their EPA Regional Coordinator to discuss this option.
