This program offers a fantastic opportunity for your business to embrace eco-friendly construction practices. By applying, you could receive financial support to cover the costs of using low-carbon materials like concrete, glass, asphalt, and steel. With up to $800 million available, it’s a chance to innovate while advancing sustainability in your projects. Getting on board now positions you as a leader in an industry shift towards greener solutions.

Participating means you can enhance your project's safety, sustainability, and equity efforts within the community. This initiative not only supports your business financially but also contributes to creating good-paying jobs and improving local economies. By integrating these materials into your work, you'll be part of a movement that promotes long-term positive impacts on both your business and the environment.

Overall, this funding opportunity is designed to be accessible, with no minimum revenue or employee requirements. Don't miss out on the chance to elevate your business while making a difference!

Type of Financing
The financing offered is primarily in the form of grants, which reimburse the additional costs incurred when using low carbon transportation materials. This means you can apply for funding to cover expenses that are higher than traditional materials used in construction projects.

Repayment Terms
Since these are grants, there are no repayment requirements. The funding acts as a reimbursement for the qualifying materials you use, meaning you don't have to pay it back later. This makes it an attractive option if you are looking to implement environmentally friendly practices without the burden of loans or debt.

Eligible Expenses
You can use the funds specifically for the costs of low carbon construction materials, such as concrete, glass, asphalt mix, and steel, that meet EPA's environmental standards. Additionally, reimbursement can include expenses for identifying and determining the appropriateness of these materials for your projects.

Restrictions on Fund Use
The funds cannot be used for non-related project costs, or for materials that do not meet the low carbon thresholds set by the EPA. Always ensure your projects align with the program's goals to avoid any issues.

Associated Fees
There are no fees associated with applying for or receiving these funds. This means that you can focus on your project without worrying about hidden costs or additional financial obligations.

• Location: Available across the United States (excluding State DOTs).
• Industry: Applicable to concrete, glass, asphalt mix, and steel industries.
• Employees: No minimum or maximum employee requirements.
• Company Revenue: No minimum or maximum revenue qualifications.
• Legal Structure: All legal structures are acceptable.
• Profit Structure: All profit structures are applicable.

Disqualifications:

• State DOTs: Not eligible to apply for LCTM funds.

The program is designed to help you use low-carbon construction materials in your projects. By participating, your business can receive financial support to cover additional costs associated with these eco-friendly materials. This can include items like concrete, glass, asphalt, and steel, which are made with significantly lower levels of greenhouse gas emissions.

Up to $800 million is available, creating a substantial opportunity for businesses like yours to innovate while also improving sustainability in construction. The funds can be used to implement these lower carbon materials and ensure they're suitable for federal-aid construction projects. There are no minimum revenue requirements or employee counts, making it accessible to businesses of all sizes.

The program aims to not just fund projects but also to promote safety, sustainability, and equity in your community. This can lead to better job creation and enhanced opportunities in the long run. By integrating these materials and practices into your work, you can position your business at the forefront of a critical industry shift toward greener construction practices.