&EPA
United States
Environmental
Protection Agency
Washington, D.C. 20460
Solid Waste
and Emergency
Response (5105)
EPA 500-F-00-215
September 2000
www.epa.gov/brownfields/
Shreveport's Brpwnfields
Cleanup Revolving Loan
Fund Pilot Project
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 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 $1,000,000 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
Shreveport (population 200,000) focuses its brownfields
activities on inner city industrial/commercial areas
populated by predominantly poor, undereducated, and
underemployed residents. The resulting decay of such
central city neighborhoods has been paralleled by
increasing urban blight, crime, and other socioeconomic
problems. In the urban core area, 75 % of the population
lives below the poverty level and 20% of adults are
unemployed.
In 1997, EPA selected the City of Shreveport for a
Brownfields Demonstration Assessment Pilot.
Shreveport has used its $200,000 Demonstration
Assessment Pilot funds to stimulate redevelopment of
target inner city neighborhoods surrounding the central
city by conducting Phase I and II environmental
assessments. In April 2000, EPA awarded Shreveport
$200,000 in supplemental funding for its Assessment
Pilot proven success. As part of that supplemental
award, Shreveport received $50,000 for green space
purposes.
EPA awarded the City of Shreveport a Brownfields
Cleanup Revolving Loan Fund (BCRLF) Pilot in
September 1999. Underthisprogram,EPAprovidedthe
PILOT SNAPSHOT
Shreveport,
Louisiana
Date of Announcement:
September1999
Amount: $500,000
Profile: In the urban core area,
75%of the population lives below
the poverty level, and 20% of
adults are unemployed. In its first
loan, thecity used EPAfunding to
lend $400,000 to the Shreveport
Public Assembly and Recreation
to removeenvironmental hazards
located on asmall segmentof the
new Convention Center site.
Contacts:
City of Shreveport
(318)673-7547
EPA Region 6 Project Officer
(214)665-6688
Visit the E PA Region 6 Brownfields web site at:
http://www.epa.gov/earth1r6/6sf/bfpages/sfbfhome.htm
Forfurther 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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city with $500,000 to capitalize its revolving loan fund.
Using the BCRLF Pilotfunds, the city will provide loans
to public and private entities for the purpose of cleaning
up brownfields sites in the city. This fact sheet summarizes
the first loan made by the city under the BCRLF Pilot.
STRUCTURE OF THE BCRLF PILOT PROGRAM
The City of Shreveport is the lead agency and also
acts as fund manager. The City's Regulatory
Compliance Officer and Brownfields Coordinator will
be responsible forensuring that environmental cleanups
are done in compliance with all applicable laws and
regulations and that the BCRLF funds are used for
authorized purposes. The Louisiana Department of
Environmental Quality (LDEQ) serves as Shreveport's
site manager. A LDEQ certified environmental
professional Site Manager will be assigned to each
BCRLF site to ensure environmental compliance.
BCRLF BORROWER
A unique feature of the BCRLF allows the fund recipient
to loan funds to itself.
The City of Shreveport, as the recipient of the BCRLF
and the loan authority, has opted to loan Brownfields
Funds to itself at low or no interest and subject to
compliance with other repayment terms established for
BCRLF.
The City's Community Development Department as
lead agency is lending $400,000tothe Shreveport Public
Assembly and Recreation (SPAR). The Director of
Finance will ensure repayment is made by SPAR. The
loan will be repaid over 5 years in annual installments
(dedicated line item budget) of $80,000 each.
The loan is for the removal of environmental hazards
located on the new Convention Center site. The use and
repayment of the loan funds will be in accordance with
the provisions of the City of Shreveport's BCRLF
Program, the terms and conditions of the Brownfields
Cleanup Revolving Loan Fund Agreement, a Letter of
Loan Guarantee, and applicable provisions of federal
and state law, including regulations contained in 40 CFR
Part 300 and 42 USCA 9601 et seq.
BCRLF CLEANUP SITE
The property to be cleaned up using BCRLF funding is
a small segment of the much larger convention center
development project. The targeted segment lies on
Cross Bayou and is commonly known as the SWEPCO
(Southwestern Electric Power Company) site.
Phase I and Phase II Environmental investigations were
completed by the City of Shreveport, the borrower.
These investigations identified arsenic, benzo (a) pyrene,
beryllium TPH-D (Total Petroleum Hydrocarbons-
Diesel Range), and TPH-O throughout the site. The
contamination was foundat concentrations thatexceeded
both federal and the Louisiana Department of
Environmental Quality (LDEQ) Risk Evaluation/
Corrective Action Program (RECAP) Screening
Standards.
PROPOSED SITE REUSE PLAN
The site will be included in the development of the City
of Shreveport's new 300,000 square foot Convention
Center, which will include a 100,000 square foot
convention hall, a28,000 square foot ballroom, meeting
rooms, and all of the necessary public and support
space, including a parking garage and a major hotel
adjacent to the convention center.
BCRLF LOAN LEVERAGING
The BCRLF loan is expected to leverage $25,000,000 of
private development funds, $6,000,000 ofHUD-BEDI
(Brownfields Economic Development Initiative) funds,
and$85,000,OOOofbondfunds.Theeconomicimpactof
the new center will create and sustain over 1,100 jobs
annually in the community.
CONTACTS
Arlena Acree, Economic Development Coordinator
(318)673-7515
Edna Delphin, Shreveport Grants Office
(318)673-5009
RobertMcMullin, Environmental Coordinator,
City of Shreveport
(318)673-7547
Roger Hancock, EPA Region 6 Project Officer
(214)665-6688
For additional information, contactthe RCRA/Superfund
Hotline at: (800) 424-9346 or visitthe EPA Brownfields
website at:
http://www.epa.gov/brownfields
Use of BCRLF funds must be in accordance with CERCLA, and all
CERCLA restrictions on use of funding also apply to BCRL F funds.
Brownfields Cleanup Revolving Loan Fund Pilots
September2000
Shreveport, Louisiana
EPA500-F-00-215
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