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Illinois Brownfields Redevelopment Loan Program
Illinois EPA (Bureau of Land — Site Remediation Program)See programDeadline: Rolling — application through Illinois EPA Bureau of Land. Pre-application meeting required.
Illinois EPA program providing financing for brownfield assessment, investigation, and remediation. Critical for redevelopment of former industrial/manufacturing/gas station sites. Used in stacked finance structures with federal EPA Brownfields grants, NMTC, HTC, OZ, and Cook County 6b. Site Remediation Program (TACO standards) provides the regulatory framework — NFR Letter provides closure for buyer/lender comfort.
Program details
- Agency
- Illinois EPA (Bureau of Land — Site Remediation Program)
- Level
- State
- Category
- Brownfield Remediation
- Eligibility
- Property owners, developers, units of local government, and not-for-profits acquiring or redeveloping properties with known or suspected contamination. Property must qualify as a "brownfield" — abandoned, idled, or under-used industrial/commercial property with environmental contamination concerns. Buyer-side liability protection via Illinois EPA No Further Remediation (NFR) Letter program.
- Funding Amount
- Low-interest loans for site assessment, investigation, and remediation. Typical loan range $100K–$1M+. Subsidized interest rate (typically 2–4% below market). Some grants available through paired Site Remediation Program. Federal stack: EPA Brownfields Assessment ($200K–$500K) and Cleanup Grants ($500K–$2M) available separately.
- Deadline
- Rolling — application through Illinois EPA Bureau of Land. Pre-application meeting required.
- Status
- open
- Geographic Scope
- Illinois only
- Project Types
- real_estate, commercial, industrial, remediation, redevelopment
- Client Types
- commercial, nonprofit
- Notes
- For evlv.energy clients: surface when query mentions "contamination", "former gas station", "former industrial", "site cleanup", "remediation", or property type "brownfield". Stack with: federal EPA Brownfields Assessment + Cleanup Grants, OZ (most brownfields overlap with OZ tracts), NMTC, federal HTC if historic structure, Cook County 6b/8 for post-remediation classification.
Source: Grantya research. Confirm current terms with the administering agency before applying.