MV EDGE Brownfields Cleanup Revolving Loan Fund

Own a property that is need of clean up? We’re here to assist in your brownfield remediation efforts.

Mohawk Valley EDGE has a Brownfields Cleanup Revolving Loan Fund (RLF) program that offers fixed rate loans to assist with the cleanup costs at brownfield sites in Oneida and Herkimer Counties. Each loan is customized to provide the greatest flexibility to the borrower, and you will work directly with EDGE staff to navigate the ongoing process.

Revolving Loan Fund (RLF) At a Glance

The loan fund is capitalized with funding from the United States Environmental Protection Agency (EPA).
The goal of the RLF program is to fund the cleanup of brownfield properties.
Why is this RLF program in place? In order to promote reinvestment and to retain or create new jobs.
Loans supplement other sources of funding committed to the project and are structured to encourage borrowers to put properties back into productive economic use. We encourage all interested parties to contact us for more information!

Additional Guidance

Please note that any prospective site should have at minimum a completed, current Phase 1 and Phase 2 environmental site assessment consistent with American Society for Testing and Materials (ASTM) standards. Attached is a program guidebook to help answer some of your basic questions. If you are interested in pursuing a grant or low-interest loan to remediate a brownfield property that meets this criteria, you will need to fill out a prequalification form. Again, only municipalities and non-profit corporations are eligible for grants.

Brownfields RLF- Guidance PDF

Pre-Qualification Form

Below is a prequalification form for Mohawk Valley EDGE’s Brownfields Cleanup Revolving Loan Fund (RLF). Please note this form is not an application. It is a screening tool used by staff to prequalify potential projects for grants or low-interest loans.

1_EDGE_USEPA_RLF_Pre-Qualification_Form (March 2023)

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