United States
                  Environmental
                  Protection Agency
                  Washington, D.C. 20460
Solid Waste
and Emergency
Response  (5101)
EPA500-F-99-075
May 1999
www.epa.gov/brownfields/
 >>EPA   Brownfields Cleanup
                  Revolving  Loan  Fund  Pilot
   State of Illinois (Coalition among the State of Illinois and the Cities of
	Canton, East Moline, Freeport, Galva, Lacon, and Waukeqan)
 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 State of Illinois BCRLF pilot is a coalition formed
among the State of Illinois and the Cities of Canton,
EastMoline, Freeport, Galva, Lacon, and Waukegan.
Thousands of brownfields  sites, resulting from
abandoned commercial/industrial activities, are located
in Illinois communities. These sites pose environmental
threats, attract gang and drug activities, vagrants, and
illegal dumping.

BCRLF OBJECTIVES

Illinois' BCRLF will offer lowinterestloans to support
self-sustaining efforts by local entities to clean up
brownfields that have already been  assessed for
contamination. Illinois expects numerous entities from
across the State to benefit from B CRLF pilot financing.
Eligible sites are targeted brownfields assessment sites
or sites located within Brownfields AssessmentPilots
and they must:

• Be entered into the state Site Remediation Program
  (SRP);

• Be adequately assessed for environmental conditions
  prior to applying for BCRLF loans;
 PILOT SNAPSHOT
 State of Illinois (Coalition
 among the State of Illinois and
 the Cities of Canton, East
 Moline, Freeport, Galva,
 Lacon, and Waukegan)
Date of Announcement:
May 25,1999

Amount: $3.5 million

BCRLF Target Area:
Sites located in municipalities
across the State, focusing on
sites within  the Cities of
Canton,  East  Moline,
Freeport, Galva, Lacon, and
Waukegan
 Contacts:
 Division of Remediation
 Management, Illinois EPA
 (217) 785-9407
   Region 5 Brownfields
   Program
   (312) 886-7576
      Visit the EPA Region 5 Brownfields web site at:
           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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• Have an SRP approved corrective action plan prior
  to expenditure of BCRLF funds; and

• Have a completed market study and/or assessment
  that demonstrates reasonable probability of success.

FUND STRUCTURE AND OPERATIONS

The Illinois EPA will serve as the lead agency and will
assign an SRP project manager to serve as site manager
at each site. The Illinois Development Finance Authority
(IDFA) will serve as fund manager. It is anticipated that
coalition members will make loans within 12 months
of the BCRLF award. Repayment schedules will vary
according to the financial abilities of the borrower.

LEVERAGING

Through the  Illinois  Brownfields  Redevelopment
Program, the State provides grants  to assist and
support efforts by municipalities to develop and sustain
programs that categorize and assess brownfields sites
forcleanup. Sixmillion dollars are available through the
program over a four-year period starting July 1,1999,
with individual grants worth amaximum of $ 120,000.
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                                            State of Illinois
 May 1999                                                                      EPA 500-F-99-075

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