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REVOLVING LOAN FUND (REF) SUBTRACT GUIDELINES INTRODUCTION The State of Indiana (State) was first selected by the United States Environmental Protection Agency (U.S. EPA) for a Brownfield Cleanup
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How to fill out brownfields cleanup revolving loan

01
Contact the local brownfields program to determine eligibility and obtain an application form.
02
Complete the application form with all required information, including project details, estimated cleanup costs, and financing needs.
03
Submit the application along with any supporting documentation to the brownfields program for review.
04
If approved, work with the program to finalize loan terms and complete the necessary paperwork.
05
Use the loan funds to finance the cleanup of the brownfield site in accordance with the approved plan.
06
Repay the loan according to the terms agreed upon with the brownfields program.

Who needs brownfields cleanup revolving loan?

01
Property owners or developers looking to clean up and redevelop contaminated or underutilized properties
02
Businesses seeking financial assistance to address environmental issues on their property
03
Communities wanting to revitalize blighted or abandoned areas through environmental cleanup and redevelopment projects
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A brownfields cleanup revolving loan is a financing mechanism that provides funds to remediate and redevelop contaminated properties, known as brownfields, to make them safe for use.
Entities seeking financial assistance for the cleanup of brownfields, including municipalities, non-profit organizations, and sometimes private developers, are typically required to file for a brownfields cleanup revolving loan.
To fill out a brownfields cleanup revolving loan application, applicants need to complete the required forms, provide detailed project information, financial documentation, and a cleanup plan that outlines the proposed remediation efforts.
The purpose of the brownfields cleanup revolving loan is to facilitate the remediation and redevelopment of contaminated properties, promoting environmental restoration and economic development.
Applicants must report financial information, project plans, environmental assessments, cleanup activities, expenditures, and outcomes related to the brownfield site.
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