Brownfields Revolving Loan Fund Management Services

2026-11-03

Brownfields are real property , the expansion , development or reuse of which may be complicated by the presence or potential presence of a hazardous substance , pollutant , or contaminant . This agreement will provide funding under the Infrastructure Investment and Jobs Act ( IIJA ) for Chittenden County Regional Planning Commission to capitalize a revolving loan fund as authorized by CERCLA 104 ( k )( 3 ) in Chittenden County and the state of Vermont . Specifically , this agreement will provide funding for the recipient to capitalize a revolving loan fund from which to make loans and subgrants to clean up brownfield sites and conduct other necessary activities to prudently manage the RLF . Additionally , the recipient will competitively procure ( as needed ) and direct a Qualified Environmental Professional to oversee the environmental site activities , will create a community involvement plan and administrative record for each site that is remediated , and will report on program income , interim progress , and final accomplishments by completing and submitting relevant portions of the Property Profile Form and Brownfields RLF Form using EPA ’ s Assessment , Cleanup and Redevelopment Exchange System ( ACRES ). Further , the recipient will issue approximately two loans and three subgrants to remediate three brownfield sites ; anticipates holding five community meetings , finalizing five Analysis of Brownfield Cleanup Alternatives , and submitting 20 quarterly reports . Work conducted under this agreement will benefit the residents , business owners , and stakeholders in and near Chittenden County and the state of Vermont

Vermont

2026-04-28