FY25 guidelines for brownfield revolving loan fund grants
Closed Posted
- Opportunity number
- EPA-I-OLEM-OBLR-24-10
- Applications due
- Award size
- Up to $1,000,000
Opportunity facts
- Assistance listings
- Funding instrument
- Cooperative Agreement
- Categories
-
- Environment
- Infrastructure Investment and Jobs Act (IIJA)
- Eligible applicants
-
- Other
Opportunity details come from Grants.gov. Updated .
About this opportunity
Paragraph 1:
The U.S. Environmental Protection Agency (EPA) is seeking applications for its FY25 Brownfield Revolving Loan Fund (RLF) Grants. These grants will provide funding for eligible entities to establish or capitalize RLF programs that offer low-interest loans and subgrants for brownfield site cleanups. Key requirements include demonstrating a vision and strategy for brownfield redevelopment, identifying community needs and benefits, showcasing strong community engagement, and providing reasonable costs and appropriate use of grant funds. The application deadline is November 14, 2024.
Paragraph 2:
EPA anticipates awarding approximately 15 RLF grants, ranging from $800,000 to $1 million per grant, for a total of $15 million in funding. The project period for awarded RLF grants is up to 5 years. Eligible applicants include general purpose units of local government, land clearance authorities, state/local government entities, regional councils, redevelopment agencies, states, Tribes, and certain nonprofit organizations. Projects must take place within the United States.
Synopsis
Revolving Loan Funds (RLF) are used to provide no-interest or low-interest loans for eligible brownfield cleanups, subgrants for cleanups, and other eligible programmatic costs necessary to manage the RLF. Applications will be evaluated based on the extent to which the applicant demonstrates: a vision for the cleanup, reuse and redevelopment of brownfield sites and a strategy for leveraging resources to help accomplish the vision; the environmental, social, health and economic needs and benefits of the target area(s); strong community engagement; reasonable costs, eligible tasks, and appropriate use of grant funding; the capacity for managing and successfully implementing the cooperative agreement; and other factors.
Files
| File | Type | Posted |
|---|---|---|
| EPA-I-OLEM-OBLR-24-10.pdf |
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