Brownfields: Applications and Guidebook

Applications are considered on an ongoing, first-come, first-served basis.

Funding Limits:

Low Interest loan and grant limits, pending funding availability and need, include:

  • Average loan approximately $500,000
  • Maximum grant $500,000*
  • Discounted loan (forgivable loan) up to 50% of total loan, may not exceed $500,000*
    *Private, for profit entitles NOT eligible for grants or discounted loans; and applicant must own property at time of application to be eligible for grants or discounted loans.

Loan Terms:

The maximum term of the loan, prefer 5 years or less.

Interest Rate:

Negotiated by project need. 

Fees:

1% of total award amount. Not included in the awarded amount to be paid separately.

Steps to applying for project funding:

  1.  Ecology VCP or Brownfields Project Inquiry Form
  2. EPA Eligibility Determination
  3. Application
  4. Award Letter
  5. Technical Review and Community Involvement
  6. Contract Execution
  7. Procurement/Reimbursement
  8. Project Closeout

Note: Before starting an application for a Brownfields Revolving Loan Fund (BRLF) loan, please contact the Department of Ecology’s Voluntary Cleanup Program (VCP).  They can help you determine if you need a loan.  Enrollment into VCP is a prerequisite for a BRLF loan.

Brownfields Links

Loan Information

Loan Documents

Contact

Bridget Paris, Program Manager
Email: bridget.paris@commerce.wa.gov
Phone: 360-870-9288

Brownfields loans consist of several phases.  The process starts by determining site and borrower eligibility.  If the borrower meets the eligibility requirements, then other documents become necessary.  These documents include financial statements, balance sheets and redevelopment plans.  If all the documents are properly prepared, then the loan application may be reviewed and processed within a few months.  BRLF Loan & Grant Process

Before starting this process, please contact your Commerce’s Brownfields Program Manager to talk about your project details.