U.S. EPA Remediation Loan Fund

Overview

One-pager with eligibility, application requirements, and contact information.

Application

Coming Soon

U.S. EPA Remediation Loan Fund

The USEPA awarded the Port Authority an $800,000 grant to capitalize a new site remediation loan fund. The goal of the RLF program is to ensure that funding is available to remediate contaminated properties so that they may be returned to productive use.

Eligibility

Eligible Properties:

Properties within Hamilton County and the City of Cincinnati that have documented environmental contamination are eligible for loan funding. Specific contaminants include, but are not limited to:

  • Heavy metals, including lead
  • PAHs (Polynuclear Aromatic Hydrocarbons)
  • VOCs (Volatile Organic Compounds)
  • PCBs (Polychlorinated Biphenyls)
  • Petroleum
  • Asbestos

Ineligible Properties:

There are funding restrictions on certain properties such as Superfund sites, sites with a CERCLA order, sites with a responsible party, etc.

Eligible Borrowers:

Public or private entity with ownership or control over a brownfield. The entity must be able to enter into a loan agreement and must have a demonstrated ability to repay the loan.

Eligible Activities:

Include environmental remediation, capping a contaminated site (i.e. parking lot or concrete pad), site-specific planning activities associated with remediation, and purchase of environmental insurance.

Ineligible Activities:

Phase I or II ESAs; and construction, demolition, or development activities that are not cleanup actions.

Application Requirements

Cleanup grant applicants must have an ASTM Phase I and Phase II ESA report, and a project with a cost estimate and schedule.
The completed application will be used to determine an applicant's eligibility for participation in the program.