HUD Brownfield Economic Development Initiative (BEDI)

Maximum BEDI grant is $2 million:

Must be linked to Section 108 Loan
Grant application deadline is July 16
May be last year for BEDI grant program

Funds can be used to:

Purchase property
Environmental remediation
Infrastructure improvements
Funding reserves/enhancements
Business/development financing

HCD South Elm Street/Brownfields/BEDI site