Grants and Loans
A variety of grants and loans are available to assist with brownfield reuse projects in Vermont. The following summaries generally describe the type and purpose of the assistance. Links to more detailed information are provided.
The Vermont Department of Environmental Conservation provides technical and financial assistance with environmental site assessment, cleanup planningm, and cleanup. All work is paid for by the Department and performed by pre-qualified contractors. Click here for more information on the available grants.
This fund is administered by the Agency of Commerce and Community Development in consultation with the Department. Cleanup grants of up to $200,000 per project are available. Cleanup loans are available in varying amounts depending on project need and the borrower's ability to repay. Loan terms are 2% fixed for up to 15 years. Loans may be subordinated and repayment may be deferred to allow time for project to generate revenue.
Vermont’s Regional Planning Commissions (RPC’s) provide technical and financial assistance for environmental site assessment and cleanup planning to eligible brownfield projects within each region. Work is paid for by the RPC and performed by pre-qualified consultants with the Department's project oversight. Click here for more information on the Regional Assessment Prgoram.
The U.S. Environmental Protection Agency provides eligible parties with assistance for environmental site assessment and cleanup. Click here for more information on EPA grants.