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Financial Assistance

 

Indiana Brownfields ProgramThe Indiana Brownfields Program offers financial assistance primarily to qualifying political subdivisions (as defined by Indiana Code 13-11-2-164(c)) in Indiana to acquire, assess, demolish and remediate brownfield sites. For guidance on qualifying as a political subdivision for Indiana Brownfields Program financial assistance, click here. The Indiana Brownfields Program works in partnership with the U.S. Environmental Protection Agency (U.S. EPA) and matches grants for recipients of U.S. EPA financial assistance (Cleanup and Revolving Loan Fund awards).

Currently, the Indiana Brownfields Program offers the following financial incentives, some of which are applied for online as indicated.  

For a summary of all of the financial incentives offered by the Indiana Brownfields Program, click here.

For more information about the Indiana Brownfields Program's financial assistance, please contact Sara Westrick Corbin, Financial Resources Coordinator, at (317) 234-1688 or swestrick@ifa.in.gov.

For more information about U.S. EPA funding, please contact Michele Oertel, EPA/Community Liaison and Outreach Coordinator, at (317) 234-0235 or moertel@ifa.in.gov.

Stipulated Site Assessment Grants

Stipulated Assessment Grants (SAG) are available to political subdivisions to perform site assessment and investigative activities at eligible brownfield sites. Eligible SAG activities include Phase I and Phase II Environmental Site Assessments, lead paint surveys and asbestos surveys. The maximum available SAG award is $100,000 per applicant, per round. There are generally two rounds per year; one in the fall and one in the spring.

Stipulated Remediation Grants

Stipulated Remediation Grants (SRG) are available to political subdivisions to finance environmental remediation costs at eligible brownfield sites. SRG awards may not be used to remediate sites contaminated solely by petroleum, although sites contaminated by both hazardous substances and petroleum may be eligible. The maximum SRG award is $400,000 per applicant, per round. There are generally two rounds per year:  one in the fall and one in the spring.

Petroleum Remediation Grants

Petroleum Remediation Grant (PRG) funds are available to political subdivisions for the performance of environmental assessment and remediation activities at eligible brownfield sites. PRG awards may not be used to remediate sites contaminated solely by hazardous substances, although sites contaminated by both hazardous substances and petroleum may be eligible. Unlike other financial incentives through the Indiana Brownfields Program, applicants will not receive monies directly, but program-contracted consultants will perform assessments for remediation for the awarded applicants. The PRG incentive was restructured in 2006; an entity interested in obtaining PRG funding should contact the Indiana Brownfields Program project manager assigned to its defined region (link found below).

Federal Matching Grants

Federal Matching Grants (FMG) are available to political subdivisions and other qualifying federal grant recipients (e.g., certain not-for-profits) that receive a U.S. Environmental Protection Agency (U.S. EPA) brownfields cleanup or revolving loan fund grant award. The amount of a FMG award is dependent upon the type and amount of the U.S. EPA grant.

Brownfields Low-Interest Loans

Low-Interest Loans (LIL) are available to political subdivisions for the acquisition of and environmental assessment, remediation and demolition activities at eligible brownfield sites. The maximum LIL amount is based on available funds and determined on a case-by-case basis, but in no instance will exceed 50% of funds available for loans. A LIL may also be partially forgivable such that not more than 20% of the total LIL amount may be in the form of a forgivable loan. There is no application deadline.

Trails and Parks Initiative (TPI)

In 2007, the Indiana Brownfields Program developed the Trails and Parks Initiative (TPI) using $400,000 in U.S. Environmental Protection Agency (U.S. EPA) assessment funding awarded to Indiana plus $200,000 in matching funds from the IFA. Applications for TPI funding are accepted on a rolling basis.

 TPI offers Phase I and Phase II environmental site assessments to eligible local units of government and non-profit organizations with plans to redevelop eligible brownfield sites for use as trails, parks, recreational space or other greenspace. Unlike other financial incentives through the Indiana Brownfields Program, applicants will not receive monies directly, but program-contracted consultants will perform assessments for the awarded applicants.

Revolving Loan Fund

The purpose of the Indiana Brownfields Program's Revolving Loan Fund (RLF) incentive is to facilitate the redevelopment of brownfield sites by making low cost funding available through low-to-zero interest loans to finance environmental cleanups. The Indiana Brownfields Program is coordinating with the U.S. EPA to determine how it will manage federal RLF grant funds awarded to the State in April 2008. The Indiana Finance Authority entered into a cooperative agreement with the U.S. EPA in September 2008 which added the recent $2 million RLF award to funds revolved from a loan issued with funds from a 1999 RLF grant to the State. At present, the Program has over $2.8 million in RLF funds available for the cleanup and redevelopment of brownfield properties throughout the state.

We are currently soliciting general comments from the public on the development of RLF incentive guidelines. Please contact Michele Oertel at moertel@ifa.in.gov by November12, 2008 if you have comments.

Supplemental Environmental Projects

The Indiana Brownfields Program has collaborated with the Indiana Department of Environmental Management (IDEM) to offer political subdivisions in Indiana access to Supplemental Environmental Project (SEP) funds for brownfields redevelopment activities. SEPs are used by IDEM as a tool to settle enforcement cases. When IDEM agrees to allow a respondent to settle a case with a brownfield SEP, an agreed-upon amount from a civil penalty owed to IDEM is paid directly by the respondent to the IFA for use on a brownfield project. Examples of eligible uses of brownfield SEP funds include the following: Phase I and Phase II Environmental Site Assessments, remediation and demolition activities, habitat restoration, and site acquisition. In order to administer this form of financial assistance, Program staff have developed guidelines for those communities that are the beneficiaries of a brownfield SEP to explain the eligible uses of the funding, administrative procedures for accepting and utilizing the funding, etc. Unlike other financial incentives received through the Indiana Brownfields Program, these are not funds for which an entity can apply; they result only from a negotiated settlement from IDEM's Office of Enforcement. The information below is, therefore, provided for those communities that are the beneficiary of a settlement involving a brownfield SEP or those respondents involved in negotiating a settlement with IDEM's Office of Enforcement that may be interested in proposing a brownfield SEP as part of a settlement. Questions regarding brownfield SEPs can be directed to Andrea Robertson, Senior Environmental Manager, at (317) 234-0968.