United States
Environmental
Protection Agency
Washington, D.C. 20460
Solid Waste
and Emergency
Response(5101)
EPA 500-F-99-050
May 1999
www.epa.gov/brownfields/
&EPA Brownfields Cleanup
Revolving Loan Fund Pilot
West Jordan, UT
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
upto $200,000 overtwo 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 brownfieldstofacilitatecleanupofbrownfieldssites and preparetrainees for future employmentintheenvironmental
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 West Jordan is located along the banks of
the Jordan River in Southwest Metropolitan Salt Lake
County. This area includes industrial and mining
properties andhas ahistory of significant environmental
issues. It comprises a low-income and minority
population. The area has been "brown-lined" by
financial and real estate institutions, due to real and
perceived environmental hazards, making commercial
and real estate loans difficult to obtain without
environmental testing. The brown-lining has
contributed to the creation of 40,000 square feet of
vacant or underused industrial and commercial
properties in an area covering approximately 600
acres.
BCRLFOBJECTIVES
The goal of the West Jordan BCRLF Pilot program is
to remove the environmental stigma that exists in the
project area by providing cleanup funds to facilitate
redevelopment of vacant and underused industrial
and commercial property. The Pilot program is
designed to attract and leverage private investment
through gap financing to help small businesses and
property owners clean up and revitalize the area. The
city plans to implement a sustainable economic
PILOTSNAPSHOT
m.
West Jordan, Utah
Date of Award:
September 1997
Amount: $350,000
BCRLF Target Area :
Approximately 600 acres in
the City of West Jordan,
located in Southwest
Metropolitan Salt Lake
County.
Contacts:
City of West Jordan
(801) 569-5100
Regional Brownfields Team
U.S. EPA- Region 8
(303) 312-6982
Visit the EPA Region 8 Brownfields web site at:
http://www.epa.gov/region08/cross/brown/brownf.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:
http://www.epa.gov/brownfields/
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redevelopment strategy for the area's brownfields
through a public/private/community partnership. In
doing this, the city hopes to reverse blighting trends,
improve air quality in the area, and increase assessed
property values, private investment, and the number
and quality of jobs.
FUNDSTRUCTUREANDOPERATIONS
The City of West Jordan will serve as the Lead
Agency and Fund Manager, and will establish a
BCRLF Loan Review Committee. The city will
contribute approximately $35,000 annually in cash
and in-kind services to administer the BCRLF.
The city anticipates making 12-15 loans in the initial
round of the BCRLF. A $75 application fee will be
assessed, and the loan amount will include a fee of
three percent or $2,000, whichever is less, to cover
administrative expenses.
Commercial and/or residential properties located within
the area and properties that contribute to the city's
goals for the area may be eligible for loans in
accordance with BCRLF requirements. The loan
period will be 3-5 years. The city has set a maximum
loan amount of $100,000, but no minimum. The city
may require collateral (e.g., property insurance,
performance/payment bond, property lien, personal
guarantee) for the loans.
Use of BCRLF Pilot funds must be in accordance with
CERCLA, andallCERCLA restrictions on use of funding
also apply to BCRLF funds.
Brownfields Cleanup Revolving Loan Fund Pilot West Jordan, Utah
May 1999 EPA500-F-99-050
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