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Clean it Up!. Support for Cleanup Activities Loans and Subgrants Petroleum and Hazardous Substance Contamination.

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Presentation on theme: "Clean it Up!. Support for Cleanup Activities Loans and Subgrants Petroleum and Hazardous Substance Contamination."— Presentation transcript:

1 Clean it Up!

2 Support for Cleanup Activities Loans and Subgrants Petroleum and Hazardous Substance Contamination

3 Loans No maximum principal amount Flexible and Negotiable! Available to for-profit corporations, not-for- profit corporations, and governments or quasi-government agencies.

4 Loans - Evaluation Criteria Community Population Community Median Household Income Environmental Conditions Threat of Danger Community Revitalization Community Need Likelihood of Redevelopment Funding

5 Laclede Power Plant $439,00 to clean up LBP & ACM $16 million rehab to commercial uses

6 Subgrants $100,000 maximum principal amount* Available to political subdivisions, Indian Tribes and qualifying non- profit organizations

7 Subgrants (or More Favorable Loan Terms) - Criteria Non-profit purpose Community Need Existing Infrastructure Green Design Community Social Goals

8 Linn County Historical Museum $100k for LBP Former Linn County Jail Not-for Profit converting to museum

9 How Does it Work?

10 Pre-Application Applicant and Property Eligibility Determination

11 Applicant Eligibility

12 Site Eligibility

13 Full Application Credit Analysis and Financial Evaluation Application Review and Approval

14 BVCP Enrollment All MBRLF projects must enroll in MO DNR’s BVCP

15 Community Involvement Draft CAP/ABCA Community Input

16 Cleanup! Selection of Contractor Final CAP Reporting Draw Request/Repayment

17 Cleanup Complete!

18 For Further Information: Kristin Allan Tipton EIERA P.O. Box 744 Jefferson City, MO (573)


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