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Brownfield Revolving Loan Fund Program Policies and Procedures ManualCounty of Lycoming Department of Planning & Community Development 49 West Third Street Williamsport, PA 17701 5703202130 www.lyco.orgFunded

How to fill out brownfield revolving loan fund

How to fill out brownfield revolving loan fund

1. Gather all necessary documentation and information about the brownfield site
2. Contact the appropriate government agency or organization managing the brownfield revolving loan fund
3. Submit an application containing detailed information about the project, including proposed cleanup activities and estimated costs
4. Await approval from the loan fund committee
5. If approved, sign the necessary documents and begin using the funds for cleanup and redevelopment of the brownfield site

Who needs brownfield revolving loan fund?

1. Developers looking to clean up and redevelop contaminated or underutilized properties
2. Local governments seeking to revitalize blighted areas
3. Businesses looking to expand or relocate to a new site but facing environmental challenges

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What is brownfield revolving loan fund?

A brownfield revolving loan fund is a financial mechanism designed to provide low-interest loans to facilitate the cleanup and redevelopment of brownfield sites, which are properties that may be contaminated by hazardous substances.

Who is required to file brownfield revolving loan fund?

Entities that receive funding from a brownfield revolving loan fund, including local governments, non-profits, and private developers intending to redevelop brownfield sites, are typically required to file.

How to fill out brownfield revolving loan fund?

To fill out a brownfield revolving loan fund application, applicants need to provide detailed project information, financial documentation, environmental assessments, and a plan for site cleanup and redevelopment.

What is the purpose of brownfield revolving loan fund?

The purpose of the brownfield revolving loan fund is to encourage the revitalization of contaminated properties by providing financial resources for assessment and cleanup activities, promoting environmental restoration, and enhancing economic development.

What information must be reported on brownfield revolving loan fund?

Entities must report on project progress, financial expenditures, environmental assessments completed, compliance with cleanup standards, and any challenges encountered during the project.