PBI-Mortgage Closing Special

Petroleum cleanup grants available through Cleaner Commonwealth Fund

In News, State by OC Monitor Staff

FRANKFORT, Ky. (May 1, 2017) – The Kentucky Brownfield Redevelopment Program is announcing the availability of petroleum cleanup grants through the Cleaner Commonwealth Fund.

The CCF is a grant-and-loan fund established with an $850,000 U.S. Environmental Protection Agency Brownfield Revolving Loan Fund Grant. The program is releasing $100,000 to provide money for up to two awards to do cleanup projects in Kentucky.

In this round of grants, eligible entities, including local governments, nonprofits and quasi-governmental agencies, can apply for up to $100,000 for an eligible project, though awards may be less.

For a site to be eligible, the applicant must have performed All Appropriate Inquiries (Phase I Assessment) within the six-month period prior to the purchase of the property and met bona fide prospective purchaser guidelines.

There are exceptions for some cases of involuntary acquisition. A Phase II Assessment must also be complete at the time of application. More eligibility guidelines can be found in the request-for-proposals document and our frequently asked questions.

Proposals must be postmarked by May 31, 2017. Application documents and supporting materials can be found on the Kentucky Brownfield Redevelopment Program website at dca.ky.gov/brownfields/Pages/Cleanercommonwealthfund.aspx.

Funding announcements will be made in June, and projects will start Aug. 1.

If you have questions, contact Herb Petitjean at 502-782-6432.

Additional information is available at http://eec.kentucky.gov

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