Financing for Clean Water
Underground Storage Tank Remediation Loan Program
Program Loans for Underground Storage Tank Systems provides a source of low interest financing for protecting the State's groundwater supplies by rehabilitating underground storage tank systems.
This program is managed jointly by the Financial Assistance Branch and the Division of Air and Waste Management. Eligibility is open to owners or lessees of underground storage tank facilities that need rehabilitation in order to meet regulatory requirements and where the applicant demonstrates the ability to repay the loan.
Financing is available at an interest rate of 3%, for 7 to 10 years, with a minimum loan of $5,000 and a maximum loan of $250,000, for the following eligible activities:
- Upgrade and/or retrofit of underground storage tank systems to include the installation of leak detection, spill containment, overflow protection, and/or corrosion protection on any underground storage tank system.
- Removal or abandonment of underground storage tank systems.
- Maintenance and monitoring of contaminated project sites.
- Remediation of sites contaminated as a result of a release from an underground storage tank system.
- Investigation and assessment of contaminated sites.
- Restoration or replacement of potable water supplies.
- Emergency response and initial site hazard mitigation.
For additional information, or an application package, please contact:
Program Manager: Jill Hall
Underground Storage Tank Branch
Division of Air and Waste Management
Phone: 302-395-2500
Email: jill.hall@state.de.us
Loans & Grants for Wastewater Facility Construction
Grants for Wastewater Facility Planning
Septic Rehabilitation Loan Program
Underground Storage Tank Remediation Loan Program
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