Brownfields Revitalization Fund
Brownfields Revitalization Fund supports nonprofits, municipalities, and private developers in cleaning up contaminated Vermont properties to enable redevelopment and productive community use.
Funder: Vermont Agency of Commerce and Community Development
Due Dates: Rolling (State program funding decisions)
Funding Amounts: State grants: up to 90% of approved cleanup costs; federal grants: up to $200,000 per parcel; federal loans: no fixed limit
Summary: Supports cleanup of contaminated, underused Vermont properties to enable redevelopment and productive community use.
Key Information: Sites must be enrolled in BRELLA; state awards require an approved Corrective Action Plan.
Description
The Brownfields Revitalization Fund supports the productive reuse of properties underutilized because of contamination. Administered by the Vermont Agency of Commerce and Community Development (ACCD), in collaboration with the Agency of Natural Resources (ANR), it connects environmental cleanup with community investment and economic growth. Brownfields are properties where expansion, redevelopment, or reuse is complicated by actual or potential hazardous substances, pollutants, or contaminants.
ACCD offers separate state and federal cleanup programs. The state program funds implementation of approved Corrective Action Plans (CAPs), including remediation by private developers. The EPA-supported federal program offers remediation grants to nonprofits and municipalities and loans to private developers, nonprofits, and municipalities. Redevelopment supported by the fund includes housing, mixed-use properties, business facilities, and community assets.
