Announcements

• Updated UST Fund Cost Guide
  Posted 20 Novemeber 2006
  The NJDEP has issued an updated Cost Guide for the administration of the UST Fund.
• Application Package Addendum
  16 October 2006
  The NJDEP is in the process of revising the UST Fund Application Package to incorporate changes brought about by new legislation enacted on August 2, 2006. An addenda to the UST Fund Application Package has been issued while the Application is being revised. Please note that the existing UST Fund Application Package can still be utilized until such time as the new application becomes available.

UST Fund Background

On August 30, 1997, Governor Whitman signed the law establishing the Petroleum Underground Storage Tank Remediation, Upgrade and Closure Fund (UST Fund) within the New Jersey Economic Development Authority (NJEDA) and administered jointly with the New Jersey Department of Environmental Protection (NJDEP).

The UST Fund provides loans and grants to eligible owners and operators of regulated and non-regulated petroleum underground storage tanks to help finance project costs for the upgrade and closure of State regulated underground storage tanks and remediation of discharges from regulated and non-regulated underground storage tanks. The UST Fund was amended on August 15, 2003 and these changes are reflected in the revised Fact Sheet.