News & Press | February 15, 2021
Grant Alert: NJEDA Brownfield loan program
APPLICATION DUE DATE: April 13, 2021 MAXIMUM AMOUNT OF FUNDING: $100K – $4M (40% of the actual remediation costs or 40% of the project remediation costs, whichever is less) LOAN TERMS: 10-year term The purpose of the Brownfield Redevelopment Incentive is to catalyze more remediation projects, including smaller projects, increase job creation and economic development, and provide for better budget planning: Compensation for remediation of pollutants from the interior and/or exterior of contaminated sites (ex....
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