The Brownfields Act created the Brownfields Redevelopment Access to Capital (BRAC) Program, which backs loans with state subsidized, volume discounted environmental insurance. The BRAC Program offers Cleanup Cost Cap/Pollution Legal Liability/Secured Creditor coverage which provides protection for the borrower against unanticipated costs that arise in a brownfields cleanup project.

The state will subsidize the premium of this insurance up to 50%. MassBusiness and the Massachusetts Department of Business Technology administer this program. Ace, AIG, Chubb and XL are the selected insurance carriers.