Recycling Market Development Zone Revolving Loan Program - CA State Grants Portal

Recycling Market Development Zone Revolving Loan Program

Portal ID:
3300
Status:
Active
Opportunity Type:
  • Loan
Last Updated:
Categories:

Details

Purpose:

The Recycling Market Development Zone (RMDZ) program combines recycling with economic development to fuel new businesses, expand existing ones, create jobs, and divert waste from landfills.

 

Description:

The Department of Resources Recycling and Recovery (CalRecycle) administers a Recycling Market Development Zone Loan Program to encourage California-based recycling businesses located within California financing businesses that prevent, reduce, or recycle recovered waste materials through value-added processing or manufacturing.  Facilities must be located within a CalRecycle-designated RMDZ and use postconsumer or secondary recovered waste feedstock generated in California.

The purpose and importance of the RMDZ Program is set forth in Section 42001 of the California Public Resources Code: 

“The purpose of this chapter [is] to stimulate the use of postconsumer waste materials and secondary waste materials generated in California as raw materials used as feedstock by private business, industry, and commerce.”

Eligibility Requirements

Eligible Applicants:

  • Business
  • Nonprofit
  • Public Agency

Eligible Applicants Private, for-profit entities Nonprofit organizations (except private schools) Local government entities Cities, counties, and cities and counties Regional or local sanitation agencies, waste agencies, and joint powers authority  

Eligible Geographies:

All projects must be located in a CalRecycle designated RMDZ, which can be determined by entering the project physical address into the RMDZ Zone Search, Map, and Profiles. In the case of mobile operations, the primary business location for the project must be located within the RMDZ.

Matching Funding Requirement:

Matching funds of at least 25 percent of the total project are required. Matching funds can include, but are not limited, to cash, grants, or loans. The following may not be used as matching funds: collateral, personal property, intangible items, i.e., patents, IOUs.

Important Dates

Application deadline The date (and time, where applicable) by which all applications must be submitted to the grantor.
Ongoing
Expected award announcement The date on which the grantor expects to announce the recipient(s) of the grant.
N/A
Period of performance The length of time during which the grant money must be utilized.
Continuous

Funding Details

Total estimated available funding The total projected dollar amount of the grant.
$6,250,000
Expected number of awards A single grant opportunity may represent one or many awards. Some grantors may know in advance the exact number of awards to be given. Others may indicate a range. Some may wish to and wait until the application period closes before determining how many awards to offer; in this case, a value of “Dependent” will display.
Dependent
Estimated amount per award Grant opportunities representing multiple awards may offer awards in the same amount or in varied amounts. Some may wish to wait until the application period closes before determining per-award amounts; in this case, a value of “Dependent” will display.
Dependent
Letter of Intent Required? Certain grants require that the recipient(s) provide a letter of intent.
No
Requires Matched Funding? Certain grants require that the recipient(s) be able to fully or partially match the grant award amount with another funding source.
25%
Funding Source: The funding source allocated to fund the grant. It may be either State or Federal (or a combination of both), and be tied to a specific piece of legislation, a proposition, or a bond number.
  • State

Funding Source Notes:

State Revolving Loan Fund

Funding Method: The manner in which the grant funding will be delivered to the awardee. Funding methods include reimbursements (where the recipient spends out-of-pocket and is reimbursed by the grantor) and advances (where the recipient spends received grant funds directly).
  • Advance(s)

Funding Method Notes:

Funding is $2,000,000, or 75% of total project cost, whichever is less. 

How to Apply

State agencies/departments recommend you read the full grant guidelines before applying.