PURPOSE
To create jobs and revitalize communities by assessing and remediating environmentally-challenged properties in South Central Connecticut.
LIMITATIONS
Properties intended for industrial, commercial or mixed use.
COMMUNITIES
Bethany, Branford, East Haven, Guilford, Hamden, Madison, Meriden, Milford, New Haven, North Branford, North Haven, Orange, Wallingford, West Haven, and Woodbridge.
EPA REVOLVING LOAN FUND
Funding
Low interest loans to remediate contaminated properties.
Eligible Parties
Developers, property owners, municipalities, non-profits.
Qualifications
Borrowers not responsible for contamination. Phase I/III Environmental Site Assessments complete. Compliance with EPA eligibility.
EPA PETROLEUM SITE ASSESSMENT FUND
Funding
Low interest loans to perform Environmental Site Assessments(Phase I/II/III) on properties contaminated by petroleum-based contaminants.
Eligible Parties
Developers, property owners, municipalities, non-profits.
Qualifications
Borrowers not responsible for contamination. Reasonable suspicion of petroleum contamination. Compliance with EPA eligibility.