Governor Phil Murphy • Lt.Governor Sheila Oliver
  Search
new jersey department of environmental protection
NJ Home Page Services A to Z NJ FAQs NJ Departments/Agencies departments
site remediation program

SRP Home | DEP Home

Financial Assistance Ofiice of Brownfield Reuse HDSRF Loans & Grants Chart

 

HAZARDOUS DISCHARGE SITE REMEDIATION FUND (HDSRF) - CHANGES DUE TO A1954 (January 16, 2018)

HDSRF Changes as a result of A1954 Download [pdf 113 Kb]

Financial Assistance & Grants

Prior Law

New Changes

Change

Innovative Technology Grant

Grant Eligible

Eliminated.

Eliminating Innovative Technology Grants

Limited Restricted Use portion of the Limited Restricted/
Unrestricted Use Grant

Grant Eligible

Eliminated.

Eliminating the Limited Restricted Use Grants

Innocent Party Grants

Grant Eligible

Eliminated.

Eliminating Innocent Party Grants

Maximum loan to a person

$1,000,000/Year

$500,000/Year

Reduction of $500,000.

Recreation & Conservation Grants (Statewide Cap)

$5,000,000/Year

$2,500,000/Year

Reduction of $2,500,000/year.

Maximum in Grants/Loans to Public Entity

$3,000,000/Year

2,000,000/Year

Reduction of $1,000,000.

Maximum in Grants to Public Entity with BDAs

Additional $2,000,000/Year

Additional $1,000,000/Year

Reduction of $1,000,000

Timeframe for Completion of Preliminary Assessment (PA) or Site Investigation (SI)

No completion date specified.

Completed within 2 years of financial assistance or grant award date.

Specifies a time frame for the completion of the PA or SI. Award will be cancelled if the time is exceeded.

Timeframe for Completion of a Remedial Investigation (RI).

No completion date specified.

Completion within 5-years of financial assistance or grant award date.

Specifies a time frame for the completion of the RI. Award will be cancelled if the time is exceeded.

Demonstrate Awards are or will be fully spent prior to supplemental awards being granted

No prior requirement.

Must demonstrate that the full amount of previous financial assistance spent or will be spent prior to seeking additional award for same property.

Demonstrate all previous awards have been or will be fully expended before additional awards can be obtained for the same property.

Prioritization

  1. Imminent Threat
  2. Planning Areas 1&2
  3. Date Received
  1. Imminent Threat
  2. BDA
  3. Planning Areas 1&2
  4. Date Received

BDA sites inserted as 2nd Priority

Prioritization

Readiness to proceed not previously part of criteria for prioritization.

Readiness to proceed is now a factor to be considered in prioritization

Readiness to proceed becomes a factor in the prioritization of grants.

Realistic Opportunity vs. Commitment

Provide Resolution stating that there is a realistic opportunity to develop site within 3 years from completion of remediation

EDA to develop criteria for government agencies to show a commitment to develop the property.

Criteria to be developed to show Commitment to development of site upon completion of remediation.

Funds dedicated to non-BDA PA/SI/RI Grants

No specific allocation

30% of Fund allocated to PA/SI/RI grants for sites not within a Brownfield Development Area (BDA)

Allocation of 30% of Funding to non-BDA PA/SI/RI grants

Tax Clearance Certificate

Municipalities were not required to provide a Tax Clearance Certification

Municipalities are required to provide a Tax Clearance Certification

Change in EDA policy requiring Tax Clearance Certification (not a A1954 change)