Recycling Market Development Zone Revolving Loan Program
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. 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
Business; Nonprofit; Public Agency Eligible Applicants: 1) Private, for-profit entities 2) Nonprofit organizations (except private schools) 3) Local government entities Cities, counties, and cities and counties Regional or local sanitation agencies, waste agencies, and joint powers authority All projects must be located in California, preferably in a CalRecycle designated RMDZ, which can be determined by entering the project physical address into the CalRecycle RMDZ Zone Search, Map, and Profiles section of the web site.