62.1-229.2 - Loans for remediation of contaminated properties.

§ 62.1-229.2. Loans for remediation of contaminated properties.

Loans may be made from the Fund, in the Board's discretion, to localgovernments, public authorities, partnerships or corporations for necessaryremediation activities undertaken at a brownfield site, as defined in §10.1-1230, for the purpose of reducing ground water contamination or reducingrisk to public health. The Board shall develop guidelines for theadministration of such loans.

(2001, c. 587; 2003, c. 407.)