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WE CAN HELP  BRING BACK MANUFACTURING TO THE REGION  CONVERTING A WASTE PRODUCT INTO SOMETHING USEFUL AND DURABLE  MANY INCENTIVES, TAX CREDITS AND.

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Presentation on theme: "WE CAN HELP  BRING BACK MANUFACTURING TO THE REGION  CONVERTING A WASTE PRODUCT INTO SOMETHING USEFUL AND DURABLE  MANY INCENTIVES, TAX CREDITS AND."— Presentation transcript:

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2 WE CAN HELP

3  BRING BACK MANUFACTURING TO THE REGION  CONVERTING A WASTE PRODUCT INTO SOMETHING USEFUL AND DURABLE  MANY INCENTIVES, TAX CREDITS AND PROGRAMS AVAILABLE  RMDZ PROGRAM CAN ALSO FINANCE “GREEN” BUILDING RETROFITS www.calrecycle.ca.gov/greenbuilding/basics.htm www.calrecycle.ca.gov/greenbuilding/basics.htm SOUTHERN BORDER REGION RECYCLING MARKET DEVELOPMENT PROGRAM

4  LOCATE FEEDSTOCK MATERIALS  FIND MARKETS AND BUYERS FOR YOUR PRODUCT  IDENTIFY FUNDING SOURCES  ASSITANCE WITH PERMITTING PROCESS  MARKET YOUR PRODUCTS/MATERIALS TO STATE AND LOCAL AGENCIES SERVICES OFFERED

5  4.0% INTEREST – FIXED  TERMS UP TO 10 OR 15 YEARS IF SECURED BY REAL ESTATE  NO PREPAYMENT PENALTY  LOW COST TO OBTAIN THE LOAN BUSINESS LOANS

6  PURCHASE OF MACHINERY & EQUIPMENT  WORKING CAPITAL  REAL ESTATE PURCHASE - $1M MAX  REAL ESTATE IMPROVEMENTS  REFINANCING DEBT –ONLY IF DEBT JEOPARDIZES CASHFLOW  PAYMENT OF LOAN CLOSING POINTS FUNDS MAY BE USED FOR:

7  RECYCLING MANUFACTURES/PRODUCERS  STATE AGENCIES – GO BIZ  LOCAL/REGIONAL ECONOMIC DEVELOPMENT  PLANNING DEPARTMENT – LOCAL ZONING TO REMAIN  PRIVATE LENDERS PARTNERS

8  ELIGIBLE PROJECTS MUST INCREASE DIVERSION OF NON- HAZARDOUS SOLID WASTE FROM CAIFORNIA LANDFILLS.  RESULT IN A MEANINGFUL NET REDUCTION IN THE AMOUNT OF SOLID WASTE  PRODUCE A NEW PRODUCT/MATERIAL FROM A FINISHED PRODUCT THAT HAS SERVED ITS USEFUL LIFE  MANUFACTURE WITH RECYCLED MATERIALS OR PRODUCE A RECYCLED MATERIAL THAT CAN BE USED IN A MANUFACTURING PROCESS APPLICATION, GENERAL LOAN CRITERIA & PROJECT ELIGIBILITY CRITERIA

9 IMPORTANT ITEMS TO REMEMBER  This program do not circumvent local zoning laws  “Trash to Energy” projects not funded  State legislation mandates higher recycling  National Resources Defense Council March 2014 study “From Waste to Jobs” (CA) estimates that reuse and remanufacturing creates the most jobs in the waste/recycling industries. GREEN & CLEAN INDUSTRIAL

10 Manuel Medrano 619-585-5766 mmedrano@chulavistaca.gov www.socalrmdz.com


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