The OWDA Brownfield Loan Program offers below-market rate loans to assess and clean up brownfield properties. The program is open to both public and private entities that may use the funds to pay for Phase II assessments, demolition, cleanup, and consultant costs. Up to $500,000 is available for assessments, and up to $5,000,000 is available for cleanups. By making these funds available to a variety of stakeholders, the economic development potential of the property is maximized and these once dormant properties can be brought back to beneficial use.