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- tank issue presentation
- onsite tank proposal
- remediation consultation

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The following information is courtesy of the New Jersey Economic Development Authority Petroleum Underground Storage Tank Program
When is the Bill effective?
As of August 4, 2006, the UST Fund provides loans and grants to eligible applicants to help finance project costs for the closure and/or replacement of a non-leaking residential underground storage tank (UST).


Am I an eligible applicant?
Homeowners with non-leaking underground home heating oil tanks (applicant must own property at time application is made with NJEDA) are eligible for closure and replacement of tank.

If I am an eligible applicant, what should I do next?
Complete the application, financial assistance agreement, and disbursement form. Submit to the NJEDA along with the itemized list of attachments. It is advisable to submit the application once the work has been completed.
What are the limits of funding available from the UST Fund?
Grants and loans of up to $1,200 may be awarded for the closure of non-leaking underground home heating oil tanks. Grants and loans of up to $3,000 may be awarded for the closure and replacement of non-leaking underground home heating oil tanks. Tanks can be replaced with an above ground storage tank whenever possible or an underground storage tank if an above ground storage tank is not feasible. The applicant is responsible for costs above these limits to close or close and replace a non-leaking UST.


What will the NJEDA require to determine a loan and/or grant award?
In order to determine the type of award, the following items will need to be included with the application:
    1. Last 3 years Federal Income Tax Returns of the applicant
    2. Personal Financial Statement of the applicant
    3. Non-Refundable $250 Application Fee made payable to the NJEDA

How can I qualify for a grant award?
In order to qualify for a conditional hardship grant, homeowner applicants must meet the following criteria:
    1. A taxable income of less than $250,000
    2. A personal net worth, exclusive of applicant’s primary residence and pension (401K, IRA’s), of less than $500,000
    3. 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

What happens if my tank leaks?
There are cost recovery measures available in the State of New Jersey for remediating environmental issues. These measures, when performed correctly, can save you thousands of dollars. Some of the measures are homeowner’s insurance, NJDEP grants, and NJDEP loans. Firstech Environmental will assist you in completing any paperwork necessary to process the application or claim.

For more information, please see Homeowner benefits.
Here's how Firstech helps you:
    • Firstech is a NJDEP certified vendor (State Grant Requirement)
    • Firstech will provide a Free Tank Closure Report (State Grant Requirement)
    • Firstech will prepare the application for you, for FREE, excluding confidential information
    • You send your complete package, including your confidential info, to the State

NOTE:
Grants are subject to NJ State review, approval, and financial qualification(s)



Contact Firstech to speak with one of our knowledgable professionals about how we can help you through the State grants & loans process.

Contact Firstech Environmental today for your free consultation and we will demonstrate how our professional consultants will save you money. Our toll free number is 800-997-2820 or contact us via our website.
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