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EPA Brownfields Revolving Loan Fund

Brownfields are defined as real property where the expansion, redevelopment, or reuse may be complicated by the presence or potential presence of contamination.

In 2012, the Wasatch Brownfields Coalition was awarded $1 million dollars to be used as capital in an EPA Brownfields Revolving Loan Fund (RLF).

These funds, in the form of low interest loans and grants, are made available to eligible private, public, and nonprofit entities seeking to cleanup and redevelop brownfield* sites throughout Salt Lake County and Ogden city.


Community & Economic Importance of Redeveloping Brownfield Sites

As underdeveloped lands -- greenfields -- continue to disappear, there is a need to redevelop and reuse brownfield sites that often already have buildings, infrastructure, and access to transportation resources in place.

Redeveloping a brownfield site can revitalize a neighborhood by:

  • Creating jobs,
  • Increasing the tax base,
  • Mitigating threats to human health and the environment, and
  • Reducing blight.

Eyesores such as old, abandoned gas stations or dilapidated factories can be transformed into productive commercial and industrial parks, vibrant recreation areas, residential space, or other needed amenities. It is estimated that for every $1 spent on brownfields cleanup activities, cities and states produce or leverage $2.48 in private investment.  And for every acre of brownfield redevelopment, 4.5 acres of greenfields are preserved.

epa rlf partner logos

Eligibility/Terms

Loans are available to governmental entities and other persons, such as site owners or developers, provided they are not responsible parties under CERCLA section 107.  Loans are available in the amount of $10,000 and up, but are not to exceed $500,000 per project site. Loan terms will not exceed 10 years. The standard interest rate schedule is:

  • 0-3 years: 0%
  • 4-5 years: 1%
  • 6-7 years: 2%
  • 8-10 years: 3%

Property(ies) must meet the CERCLA definition of a Brownfields site: “Real property, the expansion, redevelopment, or reuse of which may be complicated by the presence or potential presence of a hazardous substance, pollutant, or contaminant.” 

Apply/Contact

For questions and application materials, contact Kersten Swinyard at kswinyard@slco.org or 385-468-4869.

Projects Awarded