Funds for hazardous substances and petroleum will be used to capitalize a revolving loan fund from which to make loans and subaward to clean up brownfields site(S) and conduct other necessary…

Active Cooperative Agreement Awarded Last action

Award ID
96362801
Recipient
Awarding agency
Obligated
$960,000

Award facts

Completion date 82% complete
Originally
Funding
  • $800,000.00 Federal
  • $160,000.00 Non-federal
Place of performance
Weirton, WV 26062, USA

Award details come from USAspending.gov.

Description

Funds for hazardous substances and petroleum will be used to capitalize a revolving loan fund from which to make loans and subaward to clean up brownfields site(S) and conduct other necessary activities to prudently manage the revolving loan fund (RLF). The funds will be used to capitalize a revolving loan fund from which the recipient will provide up to six loans and up to two subgrants to support cleanup activities for sites contaminated with hazardous substances and petroleum. Funds also will be used to market and promote the RLF, oversee site cleanups, and conduct community outreach activities, including public charrettes and forums, and neighborhood gatherings.

Transactions

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

Subawards

Subrecipient Amount Awarded
Business Development Corporation Of The Northern Panhandle BDC requested a combination of loan/subgrant funds to remove asbestos prior to demolition of the Magnone Building. Project is in support of creating… $179,000

Quick answers

Who received award 96362801?

96362801 was awarded to City Of Weirton by EPA Region 3 (Regional Offices) on July 1, 2018.

How much is award 96362801 worth?

$960,000 has been obligated on 96362801: $800,000 in federal funding and $160,000 in non-federal funding.

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