Brownfields Revolving Loan Fund

What is the Brownfields Revolving Loan Fund?

PROGRAM BASICS

The Brownfields Fund makes financing available to public, private and non-profit borrowers for the remediation of properties contaminated with hazardous substances. Conducting environmental cleanups enables these properties to be redeveloped and returned to productive use. Financing terms for loans made through the Brownfields Fund, including interest rates, fees and loan term, are made on a case-by-case basis. 

The Department of Environmental Management (DEM) is the Infrastructure Bank's regulatory partner for the Brownfields Fund. For a project to be eligible for financing through the Brownfields Fund, it must first be placed on DEM’s Project Priority List (PPL). Interested borrowers should contact our staff to discuss the potential project.

How can I learn more?

MORE INFORMATION

Policies and Procedures

For more information about the Brownfields Fund please contact:  

Ryan Mulcahey 
Program Analyst
Rhode Island Infrastructure Bank
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