Economic Development Authority, New Jersey

This Agreement Will Provide Funding for the New Jersey Economic Development Authority (NJEDA) to Capitalize a Revolving Loan Fund From Which to Make Loans and Subaward to Clean Up Brownfields Sites, and Conduct Other Necessary Activities to Prudently Manage the RLF. Njeda's RLF Program Will Target the 12 Community Collaborative Initiative (CCI) Communities Which Have High Instances of Brownfields, Poverty, Health Disparities and Need for Revitalization. Brownfields Are Real Property, the Expansion, Development or Reuse of Which May Be Complicated by the Presence or Potential Presence of a Hazardous Substance, Pollutant, or Contaminant.

Committed

$800,000

Paid out
$390.5K
49%
Committed, not yet paid
$409.5K
51%

How to read these numbers

One award, start to finish: Everything here is this single award's whole record — signed, amended, paid — not a fiscal-year slice. The by-year charts elsewhere split an award across the years it was committed; this page keeps it whole.
Committed vs. ceiling: Committed is what the government has legally promised on this award so far. Contracts can also carry a ceiling — the maximum if every option is exercised. Unspent ceiling is headroom, not money owed.
Paid out: The cash actually disbursed against this award. The gap from committed is the disbursement pipeline: promised, not yet cashed.
The ledger: Each transaction is a signing event — an action that created or changed the award, dated the day it was signed — not a payment. Negative amounts are real: money de-committed at closeout or renegotiation.
The money bar: One bar, the award’s whole arithmetic: paid out, then committed, not yet paid, then .

Source

This award on USAspending.gov ↗

Federal grant · cooperative agreement (b)

Environmental Protection Agency

Brownfields Multipurpose, Assessment, Revolving Loan Fund, and Cleanup Cooperative Agreements to