• Own or operate <10 petroleum underground storage tanks in NJ;
  
  
• Have a net worth of less than $2 million; and
  
  
• Can demonstrate the inability to obtain a commercial loan (two bank denial letters)
  
  
• Homeowners with leaking underground home heating oil tanks
  
  
• Public entities that own or operate underground storage tanks (only eligible for loans)
  
  
• Tax-exempt, non-profit organizations with less than 100 paid employees
  
  
• Duly incorporated volunteer fire, ambulance, first aid, emergency or rescue companies
  
  
• Independent colleges and universities of NJ
  

• A taxable income of less than $250,000
  
  
• A personal net worth, exclusive of applicant’s primary residence and pension (401K, IRA’s), of less than $500,000
  
  
• A determination of financial hardship which will be based on whether an applicant can reasonably be expected to repay if the funding were to be awarded as a loan.
  

• The property was acquired by the applicant before December 31, 1983
  
  
• The hazardous substance or hazardous waste that was discharged at the property was not used by the applicant
  
  
• The applicant certifies that he did not discharge any hazardous substance or hazardous waste at an area where a discharge is discovered
  

An applicant that meets all three criteria may be eligible for up to 50% of costs for PA, SI, RI, and RA costs not to exceed $1 million.

• Firstech is a NJDEP certified contractor
  
  
• Firstech will provide a consultation of your project to determine if there is a grant available to you
  
  
• Firstech will prepare the application for you, for FREE, excluding confidential information