Brownfields are real property that may be complicated by the presence of hazardous substances, pollutants, or contaminants yet such properties may be eligible for redevelopment and reuse.
Our Mission is to reach out for opportunities to create partnerships that improve Nevadan's lives and the quality of our communities; our goal is to be acknowledged as an agency that maximizes opportunities through the creative and efficient use of resources.
About the Program
The Nevada Brownfields Program currently operates a $800,000 dollar revolving loan fund intended to help property owners or developers cover the costs associated with the cleanup of sites with environmental contamination. Secured loans can be provided at below-market rates and with flexible repayment options at those sites, which are undergoing cleanup, under the State's "corrective action" regulations.
Specifically, the loan funding can be used to pay for any required cleanup actions under the State's cleanup program. All private landowners and developers may be eligible for the loan program as long as they are not responsible for causing the contamination to be cleaned up with the loan funds.
Loan funds are to be used only for cleanup activities, not site construction, development functions or assessment activities. Loan rates and repayment schedules are negotiable on a site-by-site basis, although the NDEP will rely on recommendations made by its independent fund manager to ensure the long-term stability of the fund.
January 27, 2015 — Northern Nevada Development Authority Announces Request for Proposals Environmental Consulting Services. NNDA will use U.S. Environmental Protection Agency grant funding award of $524,000 to conduct assessments of contaminated or potentially contaminated properties (“Brownfields”) within the boundaries of Churchill County and Lyon County, designated redevelopment areas.