Brownfields Cleanup Revolving Loan Fund

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.

Request for Qualifications (RFQ) 

Proposals will be received at EDGE, 584 Phoenix Drive, Rome, NY 13441 and said proposals will be publicly opened in the Main Conference Room for:

RFQ # EDGE-2023-010:
BROWNFIELD REVOLVING LOAN FUND AND REMEDIAL PLANNING
at 3:00 PM on Thursday, June 8, 2023

The Project includes assisting MVEDGE with the administrative, technical, and regulatory requirements of the USEPA Brownfields Revolving Loan Fund (RLF) – including loans and subgrants – for brownfield cleanup projects located in Oneida and Herkimer Counties, NY; more particularly described in the RFQ.

REQUEST FOR QUALIFICATIONS

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!

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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EDGE is available to assist potential applicants. Questions? Contact cmercurio@mvedge.org or lcohen@mvedge.org!