United States
                      Environmental
                      Protection Agency
                      Washington, D.C. 20460
  Solid Waste
  and Emergency
  Response (5101)
EPA500-F-00-150
May 2000
www.epa.gov/brownfields/
vvEPA      Brownfields  Cleanup
                       Revolving   Loan  Fund   Pilot
                                                                    Hamilton,  OH
Outreach and Special Projects Staff (5105)
                       Quick Reference Fact Sheet
EPA's Brownfields Economic Redevelopment Initiative is designed to empower states, communities, and other stakeholders
in economic redevelopment to work together in a timely manner to prevent, assess, safely clean up, and sustainably reuse
brownfields. A brownfield is a site, or portion thereof, that has actual or perceived contamination and an active potential for
redevelopment or reuse. EPA is funding: assessment demonstration pilot programs (each funded up to $200,000 over two
years), to assess brownfields sites and to test cleanup and redevelopment  models; job training pilot programs (each funded
up to $200,000 over two years), to provide training for residents of communities affected by brownfields to facilitate cleanup
of brownfields sites and prepare trainees for future employment in the environmental field; and, cleanup  revolving loan fund
programs (each funded up to $500,000 over five years) to capitalize loan funds to make loans for the environmental cleanup
of brownfields. These pilot programs are intended to provide EPA, states, tribes, municipalities, and communities with useful
information and strategies as they continue to seek new methods to promote a unified  approach to site assessment,
environmental cleanup, and redevelopment.
BACKGROUND

The City of Hamilton's economy is linked to industrial
development. Due to a loss of industrial jobs, the City
is facing economic adversity.  Hamilton has been
designated a Distressed City by the State  of Ohio.
Hamilton's BCRLF will target the City's Enterprise
Zone (EZ), which has a poverty rate of 26 percent and
an unemployment rate of 12 percent.  The EZ was
created  to  encourage industrial and  commercial
investment in the most distressed sections of the
community. The  City was awarded a Brownfields
Assessment Pilot in  1998.  To date, the  City has
assessed  and  aided in  the  redevelopment  of
approximately one million square feet of space in the
Enterprise Zone.

BCRLF OBJECTIVES

Hamilton's BCRLF intends to provide business owners
with technical assistance, link potential borrowers to
additional sources of funding, encourage community
involvement, and facilitate public-private partnerships.
Redeveloping sites in  the target area is expected to
mitigate health risks,  create jobs, increase private
investment, and help retain  existing businesses.  In
addition,  job training partnerships are  anticipated
among the cooperating partners and new businesses.
PILOT SNAPSHOT
                    Date of Announcement:
                    May 2000

                    Amount: $500,000

                    BCRLF Target Area:
                    City of Hamilton Enterprise Zone
Hamilton, Ohio
Contacts:

City of Hamilton
Department of Economic
Development
(513)868-5855
   Region 5 BCRLF
   Coordinator

   (312)886-7576
      Visit the EPA Region 5 Brownfields web site at:
     www.epa.gov/reglon05/waste/brown/lndex.htm

For further information, including specific Pilot contacts, additional
 Pilot information, brownfields news and events, and publications
    and links, visit the EPA Brownfields web site at:
          http://www.epa.gov/brownfields

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FUND STRUCTURE AND OPERATIONS

The  City of  Hamilton Department  of  Economic
Development will serve  as  lead  agency and fund
manager. The  Environmental Laboratory and Safety
Division of the Department of Operations will assume
the duties of site manager.

LEVERAGING OTHER RESOURCES

The City of Hamilton will leverage other Federal, State
and local resources through the successful completion
of site selection and remediation planning activities.
Hamilton plans to use US Department of Housing and
Urban Development Community Development Block
Grant  funds  for remediation  and redevelopment
activities, make loans from its Commercial Revolving
Loan Fund, assist in developing creative public-private
partnerships  through the Community  Improvement
Corporation, and  increase participation in  cleanup
activities and aid in identifying other funding sources
through the City's Voluntary Action Program. The City
also will provide services valued at  approximately
$50,000  to  the  BCRLF  program.  In  addition,
supplementary loans may be available through Ohio's
Water Pollution  Control  Loan Fund and Urban
Redevelopment Loan Program.
Use of BCRLF Pilot funds must be in accordance with
CERCLA, and all CERCLA restrictions on use of funding
also apply to BCRLF funds.
Brownfields Cleanup Revolving Loan Fund Pilot                                                       Hamilton, Ohio
May 2000	EPA500-F-00-150

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