Accelerator Loan Fund

Cleanup Loans and Environmental Assistance to Neighborhoods (CLEAN) Program is sponsored by Department of Toxic Substances Control. Department of Toxic Substances Control's (DTSC) CLEAN Program helps developers, businesses, schools, and local governments accelerate the pace of assessment, cleanup, and redevelopment at abandoned and underutilized urban brownfield sites in California. DTSC's CLEAN Loan Program provides loans for property owners, developers, community groups, and local governments to investigate, cleanup and redevelop abandoned and underutilized urban properties. Loan used for the cleanup or removal of hazardous materials where redevelopment is likely to have a beneficial impact on the property values, economic viability, and quality of life of a community. Per Health and Safety Code § 80370, applicant must not have any: Felony convictions or misdemeanors involving the regulation of hazardous materials; Felony convictions or misdemeanors involving moral turpitude, including, but not limited to, the crimes of fraud, bribery, falsification of records, perjury, forgery, conspiracy, profiteering, or money laundering; or Violations of any administrative order or agreement issued by or entered into with any federal, state, or local agency that requires response action at a site. Once the Loan agreement has been executed, a check will be made out to the applicant. The applicant must be able to provide the DTSC with eligible costs and corresponding receipts. Period of Performance: Dependent on remediation/redevelopment. The loan repayment period begins upon certification or completion of the response action or two (2) years after disbursement of the loan funds, whichever comes first. The repayment period is up to seven (7) years.