Brownfield Clean-up Revolving Loan Fund
The Brownfield Clean-up Revolving Loan Fund from the New Mexico Environment Department supports environmental remediation and redevelopment of contaminated sites in New Mexico with low-interest loans.
Funder: New Mexico Environment Department
Due Dates: Rolling (applications accepted any time)
Funding Amounts: Low-interest loans; terms and maximums determined case-by-case; ongoing availability.
Summary: Supports the cleanup and redevelopment of contaminated (brownfield) properties in New Mexico through low-interest loans.
Key Information: Contact NMED directly to discuss site eligibility and obtain application materials.
Description
The Brownfield Clean-up Revolving Loan Fund, administered by the New Mexico Environment Department (NMED), provides low-interest loans with flexible, favorable terms to support the remediation and redevelopment of contaminated properties (brownfields) throughout New Mexico. The program aims to facilitate the cleanup of hazardous sites—including asbestos abatement—helping to transform properties for beneficial reuse, improve public health, and unlock additional redevelopment resources. This ongoing program is designed to address environmental contamination while ensuring compliance with state and federal regulations.
