The California Underground Storage Tank Cleanup Fund (USTCF) is a state fund that will provide eligible claimants a grant of up to $ 1,495,000 to investigate and cleanup contamination from leaking Underground Storage Tanks (USTs).
This source of funding can be used by lenders as an assurance that a site will be properly remediated. An active claim can now be transferred to a new owner, allowing the contaminated site to change hands.
ERAS has been successfully involved with recovering funds through the USTCF for active leak sites since 1994.
ERAS submitted a claim for approximately $22,000 following our environmental case closure of the site at 707 West Hedding Street in San Jose, a former paint manufacturing facility.
Recently (April 2001), we submitted a claim for a Hayward site, requesting a reimbursement of approximately $68,000.