How much funding does Industrial Sites Reuse Grant Program provide?

Industrial Sites Reuse Grant Program provides Up to US $1,000,000 in funding.

When is the deadline for Industrial Sites Reuse Grant Program?

The funder has not published a deadline for this grant.

Industrial Sites Reuse Grant Program

Pennsylvania Department of Community and Economic Development

Foundation Community Development Grants Environmental Grants

Funding Amount

Up to US $1,000,000

Deadline

Deadline not published

Grant Type

Foundation

Overview

Funder: Pennsylvania Department of Community and Economic Development

The Industrial Sites Reuse Grant Program offers grants and low-interest loans to facilitate environmental assessments and remediation at former industrial sites. Funding up to $200,000 is available for assessments, while remediation projects can receive up to $1 million. The program aims to address hazardous substance issues, with interest rates set at 2% and a required 25% match for funding. This initiative supports community development and environmental restoration efforts.

Overview
Grant and low-interest loan financing to perform environmental site assessment and remediation work at former industrial sites.
Uses
Phase I, II and III environmental assessments; Remediation of hazardous substances.
Funding
Grants and loans up to $200,000 for environmental assessments; Grants and loans up to $1 million for remediation.
Terms
Interest rates of 2%; Terms up to 5 years for assessments and 15 years for remediation projects; A 25% match is required for grant and loan projects.