| May 2008
$74 million awarded towards brownfields
Communities in 43 states will share more than $74 million
in brownfields grants to help revitalize former industrial and commercial
sites, turning them from problem properties to productive community use.
The grants, awarded by the United States Environmental Protection Agency
(EPA), also go to two tribes and two United States territories.
In all, 209 applicants were selected to receive 314 assessment, revolving
loan fund, and cleanup grants:
- 194 assessment grants totaling $38.7 million to be used to conduct
site assessment and planning for eventual cleanup at one or more
brownfields sites or as part of a community-wide effort.
- 108 cleanup grants totaling $19.6 million to provide funding
for grant recipients to carry out cleanup activities at brownfields
sites they own.
- 12 revolving loan fund grants totaling $15.7 million to provide
funding for communities to capitalize a revolving loan fund and to
provide subgrants to carry out cleanup activities at brownfields
sites. Revolving loan funds are generally used to provide low interest
loans for brownfields cleanups.
In addition to industrial and commercial redevelopment, brownfields approaches
have included the conversion of industrial waterfronts to river-front
parks, landfills to golf courses, rail corridors to recreational trails,
and gas stations to housing. More information on the grant recipients
can be found by visiting www.epa.gov/brownfields.
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