There are numerous sources of financial assistance for the cleanup and redevelopment of petroleum-contaminated sites. For instance, there are many local, state, and federal government environmental and economic development programs that may provide financial assistance in the form of grants and cleanup funds.
Beyond this assistance is a wealth of public and private resources that may be available depending on the intended reuse of a cleaned up site. For instance, parks and recreation programs at the local, state, and federal government levels may have resources devoted to the development of new park land or recreational facilities. Governments often need land on which to locate new parking facilities or government buildings such as fire stations, garages, or libraries. Federal, state, and local housing authorities may have resources devoted to developing low-income housing. Many governments also provide tax incentives to encourage redevelopment.
In the private sector, civic-minded organizations and trusts may have resources such as grants and loans to encourage the redevelopment of old sites. For example, a Habitat For Humanity project (PDF) (1 pg, 103K, About PDF) worked with property owners and local governments to organize labor and other resources to reuse petroleum sites for affordable housing. Financial institutions may provide loans or other assistance for projects.
Funding Opportunities: A Directory Of Energy Efficiency, Renewable Energy, And Environmental Protection Assistance Programs (PDF) (59 pp, 899K, About PDF)
EPA State And Local Capacity Building Branch. 2004.
Includes information on federal and state funding and private foundations.
EPA Brownfields Program
Other Federal Programs
Preserving Route 66: Directory Of Financial And Technical Assistance (PDF) (91 pp, 4.4MB, About PDF)
U.S. National Park Service. 2002.
Several of the guides below include information on both public and private funding.
Financing Brownfields: State Program Highlights (PDF) (88 pp, 5.4MB, About PDF)
EPA-560-F-07-252. September 2007.
Connecticut Department of Environmental Protection - Financial Assistance
Brownfields Financial Resources Manual (PDF) (371 pp, 1.5MB, About PDF)
New York State Department of Environmental Conservation. November 2003.
Resource Guide: Assistance For Redevelopment In Washington State (PDF) (40 pp, 1.3MB, About PDF)
Washington Department of Ecology; Washington Department of Commerce; and Region 10 of the Environmental Protection Agency. 2009.
The Financial Resource Guide For Cleanup & Redevelopment (PDF) (62 pp, 2.2MB, About PDF)
Wisconsin Departments of Commerce and Natural Resources. 2009.
To learn more about petroleum brownfields, see:
Basic Information On Petroleum Brownfields
Success Stories, Lessons Learned, And Best Practices