Hazardous Discharge Site Remediation Fund Grant

The Hazardous Discharge Site Remediation Fund provides grants and loans to public and private entities for the assessment, investigation, and cleanup of hazardous substance discharges at brownfield sites. Funded by a portion of the New Jersey Corporate Business Tax, it fosters collaboration between the Department of Environmental Protection and the Economic Development Authority.

Purpose of Funding
To provide grants to public entities (municipalities, counties, and redevelopment entities authorized to exercise redevelopment powers pursuant to section 4 of the Local Redevelopment & Housing Law (C.52:27D-130.7) for 100% of the costs of the assessment/investigation and up to 75% of the remedial action costs associated with the cleanup of a discharge of a hazardous substance or hazardous waste at brownfield sites where the public entity has demonstrated a commitment to redevelop the brownfield sites, there are also grants to public entities for 100% of the costs of the assessment/investigation and 75% of the remedial action costs associated with the cleanup of a discharge of a hazardous substance or hazardous waste at brownfield sites specifically located in a designated Brownfield Development Area (BDA), to provide loans and 25% grants to private entities (individuals, corporations, businesses, etc.) for the investigation and cleanup of a discharge of a hazardous substance or hazardous waste
The HDSRF was established in July 1993 to provide funding to public and qualifying private entities for the remediation of a suspected or known discharge of a hazardous substance or hazardous waste. The HDSRF is funded through a constitutionally-dedicated portion of the New Jersey Corporate Business Tax, and is administered through a partnership between the DEP and the New Jersey Economic Development Authority (EDA). The DEP evaluates an applicant’s preliminary eligibility requirements, and the estimated remediation costs. Upon the DEP’s recommendation for funding, the EDA evaluates an applicant’s financial status, determines grant and/or loan eligibility and awards funding.

Eligibility

HDSRF grants and loans are available to: Public entities, private entities, and non-profit organizations (as described in section 501(c)(3) of the federal internal revenue code) that perform a remediation pursuant to DEP’s Site Remediation Program requirements.Private entities including individuals, corporations, companies, partnerships, firms or other private business entities