Resource Details
Other, Sustainability
Ready for Reuse Loan and Grant Program
Ready for Reuse loans and grants are used for environmental cleanup of hazardous substances or petroleum at brownfields throughout Wisconsin. The DNR has received $11.054 million in traditional EPA revolving loan funds (RLF) since 2004, which DNR administers through the Ready for Reuse Program. The Ready for Reuse Program has two different types of funding currently available: Hazardous Substance Loans and Grants and Petroleum Loans and Grants.
Eligibility
Local governments, tribes, or other eligible tribal entities under 40 CFR 31.3, and non-profit organizations are eligible to apply for Reuse for Reuse grants. Only a “municipality,” as defined in Wis. Stats. § 67.01(5), may apply for a Ready for Reuse loan.
The site must meet the federal definition of an eligible brownfield, which is “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.” For more information on sites that need property-specific determinations, or sites that are never eligible for brownfields funding, visit the DNR’s Ready for Reuse webpages.
Top Benefits
- All loans are zero-interest and are generally awarded for projects that require amounts of $250,000 or more.
- The maximum grant amount is $200,000 per site.