This agreement will provide funding for the new jersey economic development authority (NJEDA) to capitalize a revolving loan fund from which to make loans and subaward to clean up brownfields sites,…

Active Cooperative Agreement Awarded Last action

Award ID
96249601
Recipient
Awarding agency
Obligated
$960,000

Award facts

Completion date 87% complete
Originally
Funding
  • $800,000.00 Federal
  • $160,000.00 Non-federal
Place of performance
New Jersey, USA

Award details come from USAspending.gov.

Description

As the agency reported it.

This agreement will provide funding for the new jersey economic development authority (NJEDA) to capitalize a revolving loan fund from which to make loans and subaward to clean up brownfields sites, and conduct other necessary activities to prudently manage the RLF. NJEDA's RLF program will target the 12 community collaborative initiative (CCI) communities which have high instances of brownfields, poverty, health disparities and need for revitalization. Brownfields are real property, the expansion, development or reuse of which may be complicated by the presence or potential presence of a hazardous substance, pollutant, or contaminant.

Transactions

Action Federal Non-federal Date
Amendment $0 $0
Original award $800,000 $160,000

Quick answers

Who received award 96249601?

96249601 was awarded to Economic Development Authority, New Jersey by EPA Region 2 (Regional Offices) on October 1, 2020.

How much is award 96249601 worth?

$960,000 has been obligated on 96249601: $800,000 in federal funding and $160,000 in non-federal funding.

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