Clean it Up!. Support for Cleanup Activities Loans and Subgrants Petroleum and Hazardous Substance Contamination.

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Presentation transcript:

Clean it Up!

Support for Cleanup Activities Loans and Subgrants Petroleum and Hazardous Substance Contamination

Loans No maximum principal amount Flexible and Negotiable! Available to for-profit corporations, not-for- profit corporations, and governments or quasi-government agencies.

Loans - Evaluation Criteria Community Population Community Median Household Income Environmental Conditions Threat of Danger Community Revitalization Community Need Likelihood of Redevelopment Funding

Laclede Power Plant $439,00 to clean up LBP & ACM $16 million rehab to commercial uses

Subgrants $100,000 maximum principal amount* Available to political subdivisions, Indian Tribes and qualifying non- profit organizations

Subgrants (or More Favorable Loan Terms) - Criteria Non-profit purpose Community Need Existing Infrastructure Green Design Community Social Goals

Linn County Historical Museum $100k for LBP Former Linn County Jail Not-for Profit converting to museum

How Does it Work?

Pre-Application Applicant and Property Eligibility Determination

Applicant Eligibility

Site Eligibility

Full Application Credit Analysis and Financial Evaluation Application Review and Approval

BVCP Enrollment All MBRLF projects must enroll in MO DNR’s BVCP

Community Involvement Draft CAP/ABCA Community Input

Cleanup! Selection of Contractor Final CAP Reporting Draw Request/Repayment

Cleanup Complete!

For Further Information: Kristin Allan Tipton EIERA P.O. Box 744 Jefferson City, MO (573)