United States
                  Environmental
                  Protection Agency
                  Washington, D.C. 20460
Solid Waste
and Emergency
Response  (5101)
EPA500-F-99-062
May 1999
www.epa.gov/brownfields/
 >>EPA   Brownfields  Cleanup
                  Revolving  Loan   Fund   Pilot
               Franklin Regional Council of Governments, Massachusetts
	(Coalition with Towns ofColrain and Greenfield)
 Outreach and Special Projects Staff (5101)
                    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 forthe 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 Franklin Regional Council  of Governments
(FRCOG) has formed a coalition with the Towns of
Colrain and Greenfield for the BCRLF program.
Greater Franklin County is one of the most rural and
also one of the most economically distressed areas in
Massachusetts.  The  Town of Greenfield, with  a
population of 18,700, has experienced significant
decline in its industrial base overthe last twenty years.
Many businesses have moved outofGreenfieldbecause
there are no available industrial sites or land. This has
created a loss of jobs and pressures the Town to use
prime farmland for industrial purposes. The Town of
Colrain, with a population of just 1,760, recently lost
its major employer (and 160 jobs) and largest taxpayer.
Both Colrain and Greenfield are Brownfields
Assessment Pilots and have identified multiple sites
that are ready for cleanup and remediation activities
under the BCRLF.

BCRLF OBJECTIVES

The obj ectives ofColrain and Greenfield's BCRLF are
to:

• Clean up, reuse, and redevelop brownfields sites
 PILOT SNAPSHOT
  Franklin Regional Council of
  Governments, Massachusetts
  (Coalition with Towns of
  Colrain and Greenfield)
Date of Announcement:
May 25,1999

Amount: $1.0 million

BCRLF Target Area:
Two abandoned tool and die
manufacturing buildings;
demolition of the Upper Mill
site, a burnt-out building; and
the AF&F mill complex
 Contacts:
 Franklin Regional Council of
 Governments
 (413) 774-3167
  Region 1 Brownfields
  Coordinator
  (617) 918-1209
      Visit the EPA Region 1 Brownfields web site at:
        www.epa.gov/region01/remed/brnfld/

    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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  Restore and enhance local tax bases
LEVERAGING
• Create jobs

• Provide clean industrial sites to enable growing
  businesses to stay in the local communities

• Educate the banking community to stimulate
  participation in brownfields projects

• Leverage other funding  sources for brownfields
  cleanup

• Protect critical water resources

• Develop and sustain financial resources and tools to
  address brownfields issues locally

• Pre serve rural communitie s

Potential sites for cleanup include:

• Greenfield  Tap & Die  Plant —  an abandoned
  145,000 square  foot machine tool  manufacturing
  plant

• Winer site — a former tool and die  manufacturing
  building on a 1-acre parcel in a mixed commercial/
  residential areato be reused for flood control purposes

• Upper Mill site—demolition of a burnt-out building
  to enable expansion of an adjoining  manufacturing
  facility and possible use of a portion of the site for
  wastewatertreatment

• AF&F mill  complex  — for re-use by  another
  manufacturing facility that is currently land-locked

FUND STRUCTURE AND OPERATIONS

FRCOG will serve as lead agency and fund manager.
The  Massachusetts  Department of Environmental
Protection will assist the pilot in carrying out its site
management responsibilities. The Pilotwill receive a
$ 1 million award. Initial loans are expected to be in the
$250,000 to $425,000 range.
FRCOG is the local lead agency coordinating
Massachusetts' Economic Development Incentive
Program for the Greater Franklin County Economic
Target Area, including Colrain and Greenfield. Through
this program, local communities can offer eligible
projects tax increment financing, local real estate tax
incentives, and access to state tax incentives for
qualified businesses. Three local banks have agreed to
provide in-kind services, specifically loan review and
analysis. The applicanthas identified many additional
sources of potential state and Federal funding, including,
but not  limited  to, the Brownfields Economic
Developmentlnitiative,the Section 108 Loan Guarantee
program, the Massachusetts Community Capital Fund,
and Massachusetts Small Cities CDBG funds.
 Use ofBCRLF Pilot funds must be in accordance with
 CERCLA, and all CERCLA restrictions on use of funding
 also apply to BCRLFfunds.
 Brownfields Cleanup Revolving Loan Fund Pilot
 May 1999
Franklin Regional Council of Governments, Massachusetts
                               EPA 500-F-99-062

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