Office of Brownfield Remediation and Development 24 DECD is accepting applications for grants and loans 2014 $20m Funding Round Eligible Applicants: Municipalities and economic development agencies Municipalities may use funding to make a low- interest loan to a developer Funding Amounts: Grants of up to $4 million Grants Loans Eligible Applicants: Potential brownfield purchasers and current owners (including municipalities) Funding Amounts: Loans of up to $2 million Terms: Low-interest, deferred interest and principal; maximum 20-year term
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