U.S. Environmental Protection Agency (EPA) has extended the due date for submission of the Assessment, Revolving Loan Fund and Cleanup (ARC) Grant Request for Proposal by two weeks, from Nov. 19, 2012 to Dec. 3, 2012, due to significant disruption caused by Hurricane Sandy.
The Brownfields ARC grant funds can be used to address sites contaminated by petroleum and hazardous substances, pollutants, or contaminants, including hazardous substances co-mingled with petroleum. Available grants from EPA’s Brownfields program include assessment grants (each funded up to $200,000 over three years; coalitions are funded up to $600,000 over three years); cleanup grants (each funded up to $200,000 over three years); and revolving loan funds (each funded up to $1 million over five years).
Caltha LLP assists Sellers, prospective Buyers and their Lenders in meeting Due Diligence, Environmental Site Assessment and Environmental Review requirements.
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