United States
                  Environmental
                  Protection Agency
                  Washington, D.C. 20460
Solid Waste
and Emergency
Response(5101)
EPA 500-F-99-043
May 1999
www.epa.gov/brownfields/
 &EPA   Brownfields  Cleanup
                  Revolving  Loan   Fund   Pilot
                                                           State of Indiana
 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  Indiana Department  of Environmental
Management (IDEM) has identified ten communities
across the state that could qualify for loans from the
BCRLF  Pilot.   Priority will be given to areas in
Northwest Indiana and a number of metropolitan
areas in the southern part of the state. Many of these
communities have already initiated brownfields
redevelopment programs and have created inventories
of targeted sites. Information on the BCRLF Pilot will
be included in a series of Brownfields Community
Workshops being sponsored by IDEM as part of its
strategic plan  for  assisting in  brownfields
redevelopment.

BCRLFOBJECTIVES

The goal of the BCRLF Pilot program is to fund
cleanup of environmentally contaminated properties
and facilitate their return to productive use.  The
BCRLF  funds will allow IDEM to implement an
effective strategic  plan for cleaning up and
redeveloping brownfields across the state. The Pilot
will complement the state's goal of developing a one-
stop shop to help developers plan, test, acquire permits
and approvals,  and  finance brownfields projects.
IDEM plans to use the majority of the BCRLF funds
 PILOTSNAPSHOT
   State of Indiana
 Date of Award:
 September 1997

 Amount: $350,000

 BCRLF  Target Area :
 Brownfields   in   ten
 communities across Indiana,
 with a focus on the northwest
 and southern portions of the
 state.
 Contacts:

 State of Indiana
 Brownfields Coordinator
 (317)308-3058
 Regional Brownfields Team
 U.S. EPA - Region 5
 (312)886-7576
      Visit the EPA Region 5 Brownfields web site at:
         http://www.epa.gov/R5Brownfields/

    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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for loans to political subdivisions in the targeted areas.
IDEM anticipates that the political subdivisions will
provide additional funding from local public and private
resources.

FUNDSTRUCTUREANDOPERATIONS

IDEM will serve as the Lead Agency and will be
responsible for designating the Site Managers.  IDEM
will  be responsible for ensuring the cleanups  are
conducted in conformance with federal and state
requirements.  The Indiana Development Finance
Authority (IDF A) will act as Fund Manager, charged
with day-to-day implementation of the loan fund.

IDEM will involve  communities and residents in the
brownfields cleanup process. All potential BCRLF
borrowers will be required to show evidence of their
plans to  involve their communities in the cleanup
process and describe how cleanup efforts will create
and  sustain jobs.   IDEM will give  preferences  to
prospective borrowers  with projects in areas that
have demonstrated socio-economic distress (e.g., as
demonstrated  by  the poverty level and the
unemployment rate).
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                                               State of Indiana
 May 1999                                                                         EPA500-F-99-043

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