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Brownfields Revolving Loan Fund (RLF) Grants

Revolving Loan Fund (RLF) Grants provide funding for a grant recipient to capitalize a revolving loan fund and to provide subawards to carry out cleanup activities at brownfield sites. Through these grants, EPA strengthens the marketplace and encourages stakeholders to leverage resources to clean up and redevelop brownfields. When loans are repaid, the loan amount is returned into the fund and re-lent to other borrowers, providing an ongoing source of capital within a community.

An eligible RLF Grant applicant may apply as an individual entity or as a RLF Coalition comprised of two or more entities. A RLF Grant applicant may apply for up to $1,000,000 to address brownfield sites contaminated by hazardous substances, pollutants, contaminants (including hazardous substances co-mingled with petroleum), and/or petroleum.

Some features of the RLF Grants include:

  • RLF programs are designed to operate for many years (possibly decades) and as such, they require long-term resource commitments by the RLF Grant recipient and reporting to EPA, even after the RLF Grant is closed.
  • Recipients need to have a strong understanding of real estate financing principles and approaches, including loan underwriting, loan servicing, and credit analysis.
  • Recipients need to have the ability to market the RLF program on an on-going basis during the performance period of the grant, and after the close out of the RLF Grant.
  • Recipients commit to properly manage the program income generated by their RLF program in perpetuity, unless they terminate the agreement and return the program income to EPA.

Grant Application Resources

RLF Supplemental Funding Resources

RLF Grant Recipient Resources