United States
                      Environmental
                      Protection Agency
                      Washington, D.C. 20460
  Solid Waste
  and Emergency
  Response (5105)
EPA500-F-01-251
April 2001
www.epa.gov/brownfields/
vvEPA     Brownfields  Cleanup
                      Revolving   Loan  Fund  Pilot
                                       South Florida Regional Planning Council
                                   (Coalition with Miami-Dade County, and the
                                               Cities of Miami and Ft. Lauderdale)
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 brownfieldis 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 $250,000 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, brownfields cleanup revolving
loan fund (BCRLF) programs (each funded up to $1,000,000 over five years), to provide financial assistance 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

In South  Florida,  urban  sprawl  has led to the
abandonment  and  deterioration of the older urban
corridor. At the same time, greenfield development
continues  westward,  ever  closer to the  pristine
Everglades. This pattern of urban sprawl also threatens
to further  isolate the corridor's poor and minority
residents, cutting them off from the region's prosperity.
The South Florida BCRLF coalition pilot will focus on
the 115 mile "Eastward Ho! Corridor" located in the
eastern portions of Miami-Dade, Broward, and Palm
Beach  Counties, and the cities of Miami and Ft.
Lauderdale. Many properties along this corridor have
been abandoned, leaving pockets of substantial poverty
and numerous  brownfields.

In 1990,  Miami-Dade  County  had the  highest
percentage of families living in poverty nationally. The
Miami-Dade poverty rate is  almost three times the
national average at 26%, and has resulted  in the
County's designation as both a federal Empowerment
Zone and Enterprise Community. Miami is the nation's
PILOT SNAPSHOT
                  Date of Announcement: April 2001

                  Amount: $2.0 million

                  BCRLF Target Area:
                  115 mile corridor in the eastern
                  portions of Miami-Dade, Broward, and
                  Palm Beach Counties, the entire City
                  of Miami, and the North West
                  Progresso Flagler Heights Area of the
                  City of Ft. Lauderdale
Coalition: South Florida Regional Planning Council with Miami-
Dade County and the Cities of Miami and Ft. Lauderdale	
Contacts:
South Florida Regional Planning
Council Brownfields Coordinator
    (945)985-4416
  Region 4 Brownfields
    RLF Coordinator
     (404) 562-8682
      Visit the EPA Region 4 Brownfields web site at:
   www.epa.gov/region4/topics/cleanup/brownfields.html

 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:
            www.epa.gov/brownfields

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fourth poorest large city, with a poverty rate of 31.2%
and an average household income of $16,900. Miami is
also a federal Empowerment Zone.

BCRLF OBJECTIVES

The South Florida Regional Planning Council BCRLF
coalition's objectives will complement its regional role
in planning  for and coordinating intergovernmental
solutions and testing mechanisms for efficient operation
under a highly fragmented administrative  structure.
The coalition's goals are to provide a source of funding
for brownfields cleanup and urban revitalization and
attract public and private investment and partnerships.

FUND STRUCTURE AND OPERATIONS

The South Florida Regional Planning Council is the
cooperative agreement recipient and will serve as the
lead agency and fund manager. Site manager services
will be provided by county and state employees.

The proposed financing structure of South Florida's
BCRLF program will be flexible. The length of the
loans will be kept as  short as practical in order to
recycle funds. Loan terms and rates will vary based on
the future  cash flow of the project and the financing
gap between the value of development and the cost of
cleanup.
LEVERAGING OTHER RESOURCES

Federal, state, local government, and private sector
resources will be used where possible to complement
BCRLF funds. Available federal resources include
U.S.   Department  of  Housing   and  Urban
Development Economic Development Incentives and
Community Development Block Grants, and the
incentives that derive from the Empowerment and
Enterprise Zone designation. Complementary state
funding sources also being considered may include
the Florida Brownfields Program Voluntary Cleanup
Tax Credit. Private funding  is available from the
Beacon Council,  which encourages businesses to
relocate within the target area by offering $ 1,75 0 per
new job created and $ 1,000,000 for each new project
or business.
 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
Apri/2001	
                  South Florida Regional Planning Council
                                 EPA 500-F-01-251

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