NJEDA Board Approves Brownfields Loan Program

Contact: New Jersey Economic Development Authority
media@njeda.com

TRENTON, N.J. (November 13, 2020) – The New Jersey Economic Development Authority (NJEDA) Board of Directors today approved the creation of the Brownfields Loan Program. This program will make low-interest loans of up to $5 million available to brownfield redevelopment projects for all aspects of brownfield revitalization, including assessment, investigation, and demolition. It will be one of the only funding sources available to cover pre-construction planning, demolition, asbestos, PCB removal, and lead-based paint remediation. More information is available at https://www.njeda.com/brownfields.Continue Reading New Jersey Economic Development Authority — News Release: NJEDA Board Approves Brownfields Loan Program