New Jersey’s UST Fund is a grant program to help residential property owners remove leaking underground oil tanks. Anco Environmental can help you apply and obtain grants for remediation of leaking oil tanks in New Jersey. Call to request a free consultation regarding you tank problem and the oil tank grant process.
We have obtained millions of dollars in grant funding for NJ property owners. Want to know if you are eligible? Call our office Monday to Friday 9:00 am to 5:00 pm at (908)-464-9200 to speak with a grant specialist.
The NJDEP EDA tank grant program has undergone significant change since the fund was originally established with 100 million dollars. Since the tank grant program started, commercial applicants (gas stations, businesses, etc.) have been excluded from submitting for grant funding. Funding for non leaking residential oil tank removal has also been suspended.
Non leaking tank removal costs are considered a wear and tear item for a homeowner, similar to replacing a roof or heater, where a leaking tank removal and associated cleanup (remediation) cost is considered a hardship and thus will still qualify for the tank grant program.
As of May 3rd of 2011, application submitted are date stamped, thi occured due to a depletion of money. Date stampling places applicants in line so to speak. Granst are processed on a first come first serve basis with delay of several yeras. What this means for applications is that the sooner you apply, they shorter your wait will be.
Applications get processed as money becomes available which happens throughout the year as many grants that are approved do not use all the available funding (projects come in under budget). These excess funds get put back into the general fund for distribution to new applicanat and by new we mean an applicant that maybe submited an application two years earlier.
There is a misconception the grant fund has run dry or is out of money. The grant program is very much still processing “leaking” oil tank grant application in New Jersey. Since the grant program was an act of legislation, New Jersey has a financial commitment to place money into the fund every year, there is no end date.
If you are planning to apply for a tank grant, now is the time to submit your cost of work and remedial plan to the grant program. Please note that submitting both a properly completed grant application and a fundamentally sound and reasonable scope of work and cost structure helps ensure a faster grant approval process.
We have found this to be true time and time again through experience. When you are asking for money you have to have documentation that contamination exists and justify.
New Jersey Oil Tank Grants
How are grant applications processed?
1. The NJDEP upon receipt of an application will date step the application.
2 Contingent on work load, the NJDEP may also complete a cursory review of the application to see if it is completed rather than wait to do this two years or so in the future when it gets a formal review and there is delay becuase the appliocation is defecient.
3 If the application gets a cursory review and your application is missing something, like say an insurance denial letter, you will be informed to correct the application.. This is where Anco shines, we won’t let you send an application that is deficient, we have done so many, we know where mistakes are commonly made and avoid them.
4. Once your application is submitted, you will then wind up in a file box that is numbered. In short when your number comes up you will be contacted.
5. You will get contacted by NJDEP. Now the NJDEP full review begins, includes contacting you to see if anything has chaged since the application was originally submitted. Meaning, possible you found monies and completed trhe remediation and then the NJDEP will be looking for bills to evaluate. In this scenario, they review charges for Usual & Customary fees and will approve or deny them. Ultimately you will get contacted when they approve a sum of money for you to be reimbursed. It is more common that no work has been completed, because its a grant. So the NJDEP confirms nothing has changed, and your application then goes for financial review with the EDA.
6. The EDA has the final say on approving your grant application. Their approval is based on your finances. They will send you forms to fill out asking you to list your finances, including supplying 3 years worth of tax returns. You will pay a review fee which is non refundable. The fee is $250.00. The three (3) criteria to determine if you are eligible is as follows:
- Applicant must own property at the time of removal of leaking tank
- Applicant must have net worth of less than $500,000.00, excluding any retirement accounts and value of home.
- Taxable income of less than $250,000.00.
7. Once the EDA has your financial disclosure statement and your check they approve you. It gets voted on once a month. You will receive a letter with an agreement that you sign and return, you then receive a very short letter saying you have been approved. Now at this point you had spent money originally to find a leaking tank so you have bills you paid that probable included the tank removal and testing. The EDA will tell you that a check will coming your way for reimbursement.
8 The remaining grant monies will be held until further work is done and bills are submitted to NJDEP who reviews and approves them and then forwards them to EDA for check disbursement.
Still have questions? Call our office (908)-464-9200.
All contractors performing work on non-regulated underground storage tanks, including homeowner heating oil tanks, where work is being funded by the Petroleum Underground Storage Tank Remediation, Upgrade & Closure Fund, must be certified in accordance with N.J.A.C. 7:14B-13.
Anco Environmental has your back with
- Concierge services including priority scheduling and a dedicated account manager
- A live call center with product specialists who value your time
- Multiple fleets and certified technicians to rapidly respond to any environmental issue
- Expertise gained from performing over 20,000 tank removal jobs in New Jersey
- The latest technology to prevent “making a mountain out of a mole hill”
Anco Environmental can shorten your “time to resolution” by rapidly responding with the people, processes and technology to get your site assessments, audits and remediation jobs done right – the first time.
What You Get:
- Municipal Permits
- Underground Oil Tank Removed
- Concierge services
- Tank and Oil Disposal
- Priority Scheduling
- Dedicated Account Manager
Our residential services range from remediation, storage tank system and assessment of sites to remediation of sites and compliance permitting. The environmental constructions services we provide include removal and installations of oil tanks, excavation and ‘cleaning up’ (physically) sites that have been contaminated.
Our equipment is technologically advanced, wide ranging in variety and appropriate for the service option requested. Owning our own equipment enables us to work with efficiency, progress on the job smoothly and control costs.
You are guaranteed we will deliver your services on time and within budget.
Our firm is fully licensed on appropriate license requirements and complies with all regulations and guidelines in our service field.