Ohio Water Development Authority - Serving Ohio Since 1968

Brownfield Loan Program

Brownfield Loan Program



Information and Loan Application Documents

INFORMATION

The Ohio Water Development Authority Board created the Brownfield Loan Program in 1995. Through this program, OWDA can provide financial assistance for the undertaking of any “voluntary action” and thereby providing funding for the remediation of contaminated property, through direct loans.

For more details, see the Brownfield Loan Program Guidelines. Please note that projects must be constructed using prevailing wage.    

Applications are accepted on an open cycle.  OWDA will begin to review a project after a complete application has been received.  Your application will be presented to the OWDA Board for approval after it has been determined that the applicant has the ability to repay the loan.


For questions regarding the Brownfield Loan Program or to discuss a potential project, please contact:

          Kim Killian, Loan Officer
          480 South High Street
          Columbus, OH 43215
          Phone:   (614) 466-0228

          Email

         

BROWNFIELD LOAN APPLICATION DOCUMENTS

Prior to submitting an application for the Brownfield Loan Program, please contact our Loan Officer, Kim Killian (email). The following loan application documents must be completed and submitted as individual pdfs in order to provide a complete loan application.  Click on documents in blue to download.     

  • Brownfield Loan Application 
  • Map and legal description
  • End users and commitment letters (if applicable)
  • Property and title access agreements
  • Proposed project schedule for the remediation work in the application 
  • Proposed project schedule for the development project as a whole
  • History of project property (limited to one page)
  • Environmental Reports (VAP Phase I, VAP Phase II, Remedial Action Plan)
  • Project Assumptions and Cost Estimate template (PACE) 
  • Engineering Agreement (if applicable)
  • Proforma for term of loan requested
  • Source and Uses of Funds sheet
  • Most recent audit or auditor's report
  • Three years of historical financial statements (balance sheet, profit and loss)
  • Interim financial statements (not more than 90 days old)
  • Projected financial statements for the current and next three years 
  • Personal financial statements (if applicable)
  • Real estate appraisal
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