| State Grants
Now is a great time to replace your old tank because NJ has expanded eligibility for the Petroleum Underground Storage Tank Fund. Ready to upgrade your old underground tank and apply for reimbursement from the state? Here are your options:
- Replace an underground tank with a fiberglass or new corrosion-protected, cathodically protected underground tank. With today's technology, a new tank can be isolated from the ground, making it worry free.
- Replace a buried tank with an aboveground tank. These tanks are normally smaller (275 or 330 gallons) and can be customized for hard-to-fit spaces. Aboveground tanks can be installed inside or outside the home. An outside tank can even be hidden in a tank enclosure.
Did you know that New Jersey property owners may be eligible for a grant or loan from the NJEDA's Petroleum Underground Storage Tank (PUST) Program?
Am I eligible?
Applicants with a non-leaking residential UST are eligible for funding for closure/removal and closure/removal/replacement of the Underground Storage Tank.
What are the limits of funding available?
• Up to $1,200 for the closure/removal of a non-leaking UST
• Up to $3,000 for the closure/removal/replacement of a non-leaking UST
• The applicant is responsible for costs above these limits.
How does the NJEDA determine which type of funding to award?
The applicant must provide:
• Their last three years Federal Income Tax
• Completed Personal Financial Statement (can be found on the NJEDA website)
• Non-refundable $250 Application fee payable to the NJEDA
• Quick Environmental can help you complete the application
Can I qualify for a conditional hardship grant?
The following criteria must be met:
• Annual taxable income of less than $250,000
• Net worth excluding applicant's primary residence and pension (401K, IRA) of not more than $500,000
• A determination of financial hardship based on whether an applicant can reasonably expect to repay,
if the funding were to be awarded as a loan
How can Quick Environmental help me in this process?
• Quick Environmental is a NJDEP certified vendor (State Grant requirement)
• Quick Environmental will provide a Tank Closure Report (State Grant requirement)
• Quick Environmental will assist in preparing the application
Did you also know that Pennslyvania property owners are eligible for grants of $4,000 if a residential heating tank has leaked?
This is a reimbursement program and is available for a limited time.
Please call 609-586-4848 now for more information.
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