In 2012, the Kentucky Brownfield Redevelopment Program was granted funds from the U.S. Environmental Protection Agency (EPA) to establish a revolving loan fund for brownfield cleanups in Kentucky. The program has established the Cleaner Commonwealth Fund (CCF) to help public and private entities address pollutants at brownfield properties.
There are two pools of money in the Cleaner Commonwealth Fund. A portion of the funds is designated as grant funding, and the other portion is for no-interest or low- interest loans.
- Grants - Public entities including local governments, quasi government agencies and nonprofits (501c3) are eligible for grant funding in the Cleaner Commonwealth Fund.
- Loans - Both public and private entities, including nonprofits, are eligible to apply for loans from the fund.
Site eligibility closely follows federal EPA brownfield grant requirements. Properties purchased by an entity that adhered to the All Appropriate Inquiries (AAI) assessment rules and had an AAI performed no longer than six months prior to purchase of the property are potentially eligible for funding. The owner cannot be a responsible party.
All grant and loan recipients must have a cleanup plan approved by the cabinet. This does not have to be in place at the time of application. No cleanup cost will be approved for reimbursement unless there has been an approved plan. Grant recipients must also provide a 20-percent match to the funds they receive. The match can be in-kind. For more information, check out our frequently asked questions.
The Kentucky Brownfield Redevelopment Program is now accepting grant applications for brownfield cleanups. The program will be awarding $182,000 in the current round of grants. Applicants may request up to $50,000 for a single site. All applications must be postmarked by March 31, 2015. For more information, check out the Request For Proposals and our frequently asked questions.