Hazardous Discharge Site Remediation Fund (HDSRF)

About this funding opportunity

Open in new Tab HAZARDOUS DISCHARGE SITE REMEDIATION FUND (HDSRF)

Businesses operating in New Jersey, individuals, or municipalities that are required to, or volunteered to, perform remediation and/or cleanup of contaminated and underutilized sites may be eligible to secure financing through loans and/or grants under the Hazardous Discharge Site Remediation Fund (HDSRF).

The HDSRF is administered through a partnership between the New Jersey Department of Environmental Protection (DEP) and the NJEDA. The DEP evaluates an applicant’s preliminary eligibility requirements, the technical merits of the proposed project, and the estimated project costs. Upon DEP approval, the NJEDA evaluates an applicant’s financial status, determines grant and/or loan eligibility, and awards funding.

PROPOSED CHANGES TO HDSRF REGULATIONS

Proposed Rule Amendments HDSRF (PDF)

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PUBLIC INPUT PROCESS

Thank you for sharing your perspectives as we update the Hazardous Discharge Site Remediation Fund (HDSRF) regulations to conform with the amended legislation.

Please be aware that NJEDA offers this opportunity to provide input in addition to, but not as part of, the NJEDA’s formal process for rules adoption. The formal process will follow the requirements in the Administrative Procedures Act.

All comments submitted through this website will be reviewed by our Brownfields & Sustainable Systems staff. NJEDA staff will not respond directly to any comments, but we may follow-up with you if we need additional clarification on your comment.

Please observe the following guidelines when submitting your comments:

PLEASE DO Share your feedback, relevant observations, and additional information. Keep comments brief and to the point. Use attachments to share more detailed or formal feedback.

PLEASE DO NOT Include information that you do not want to be made public. Submit any information or other material protected by copyright without the permission of the copyright owner. Submit comments about topics unrelated to HDSRF

We may, at NJEDA’s sole discretion, publish any, all, or a representative sample of comments in full or in part.

Do not include any information in your comment that you do not want to become public. Do not include any personally identifying or contact information if you do not want to be identified. (Providing optional contact information, however, will allow us to follow up with you if clarification is needed.)

We will not accept or agree to a request to keep information confidential.

By submitting material, you grant to the NJEDA the non-exclusive, worldwide, transferable right and license to display, copy, publish, distribute, transmit, print, and use such information or other material in any way and in any medium, including but not limited to print or electronic form.

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DOLLAR AMOUNT

Up to $500K in loans to private entities and $2M for public entities per calendar year

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Up to $3 million in grants to municipal, county and redevelopment authorities

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Up to an additional $2M to public entities for remediation in a brownfield development area

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$10M available annually for 75% of remedial action costs for recreation/ conservation and renewable energy and 50% of the costs for affordable housing projects.

BENEFITS

The HDSRF provides needed funding for the investigation, remediation and/or cleanup of a suspected or known contaminated site. Funding is also available for the remediation and cleanup of underutilized sites to maximize their potential economic value for the local municipality and the state.

USES

Loans are awarded to businesses and individuals for all phases of remediation. Grants are awarded to businesses and individuals for cleanup costs that qualify as an “unrestricted use” remedial action

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Grants and loans awarded to municipalities may be used only for preliminary assessments, site investigation, remedial investigation and remedial…

Topic areas: Circular Economy and Sustainability, Public Policy and Governance, Energy and Environment.

Funding amount

This grant provides Varies in funding.

Deadline

Applications are accepted on a rolling basis; there is no single fixed deadline.

Who can apply

This opportunity is open to the following applicant types:

• Not specified by the program.

Eligibility

The program did not publish a separate eligibility statement. See the official opportunity page for the full eligibility criteria.

Agency

Hazardous Discharge Site Remediation Fund (HDSRF) is administered by New Jersey Economic Development Authority (NJEDA), listed via New Jersey Economic Development Authority.