Targeted Brownfield Development Loan Program
The Targeted Brownfield Development Loan Program funds scientific assessment and remediation of contaminated Connecticut sites to enable their safe redevelopment.
Funder: Connecticut Department of Economic and Community Development
Due Dates: August 12, 2026 (NOFA questions deadline) | September 9, 2026 (Full application deadline, by noon)
Funding Amounts: Loans from $500,000 up to $6,000,000 per project; up to 30-year term; 3% interest; $25M total pool for all programs in Round 24.
Summary: Low-interest loans to support assessment, remediation, and redevelopment of brownfield sites in Connecticut.
Key Information: Applications must be submitted via the Euna portal; 10% minimum developer equity required.
Description
The Connecticut Department of Economic and Community Development's Targeted Brownfield Development Loan Program offers competitive, low-interest loans to facilitate the investigation, assessment, remediation, and redevelopment of brownfield sites. The program aims to transform contaminated or underutilized properties into productive assets, supporting economic growth, environmental improvement, and community revitalization. Funding can be used for a wide range of eligible activities, including environmental site assessments, remediation, hazardous materials disposal, and related planning and consulting services.
