Brownfields  2004 Revolving Loan Fund  Grant
            Fact Sheet
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              Richmond Redevelopment Agency, CA
EPA Brownfields Program

EPA's Brownfields Program empowers states.
communities, and other stakeholders to work together to
prevent, assess, safely clean up, and sustainably reuse
brownfields. A brownfield site is real property, the
expansion, redevelopment, or reuse of which may be
complicated by the presence or potential presence of a
hazardous substance, pollutant, or contaminant. On
January 11, 2002, President George W. Bush signed
into law the Small Business Liability Relief and
Brownfields Revitalization Act. Under the Brownfields
Law, EPA provides financial assistance to eligible
applicants through four competitive grant programs:
assessment grants, revolving loan fund grants, cleanup
grants, and job training grants. Additionally, funding
support is provided to state and tribal response
programs through a separate mechanism.

Community Description

The Richmond Redevelopment Agency was selected to
receive a brownfields revolving loan fund grant.
Richmond's long history of heavy industry, including
rail and ship transportation, shipbuilding for the U.S.
Navy, and automobile manufacturing, has created
numerous abandoned former industrial sites that are
impacting its low-income, minority residents.
Richmond's redevelopment areas include at least 675
acres of brownfields. The city has so many abandoned
properties that a complete inventory has not been made.
About 69 percent of Richmond's population of 99,216,
are minorities, and about 16 percent live in poverty. The
targeted community will benefit from this grant because
area brownfields will be returned to productive use in a
fashion that will clean up contamination, create
greenspace, and generate tax increments, a portion of
which will flow to a fund dedicated to supporting
housing for low- and moderate-income residents.
                                                 Revolving Loan  Fund Grant

                                                 $1,000,000 for hazardous substances

                                                 EPA has selected the Richmond Redevelopment
                                                 Agency for a brownfields revolving loan fund grant.
                                                 The grant will be used to capitalize a revolving loan
                                                 fund, from which the Richmond Redevelopment
                                                 Agency will provide loans and subgrants to support
                                                 cleanup activities for sites contaminated with
                                                 hazardous substances. The first planned grant would
                                                 clean up a 14-acre former tank farm and warehouse.
                                                 Subsequent grants will be used to clean up other
                                                 brownfields in the city. Richmond will use part of
                                                 the funds for community involvement, and to
                                                 establish a mechanism to track institutional controls
                                                 used to prevent exposure to hazardous substances
                                                 from brownfields within the city.

                                                 Contacts

                                                 For further information, including specific grant
                                                 contacts, additional grant information, brownfields
                                                 news and events, and publications and links, visit
                                                 the EPA Brownfields Web site
                                                 (http://www.epa.gov/brownfields).

                                                 EPA Region 9 Brownfields Team
                                                 (415) 972-3091
                                                 EPA Region 9 Brownfields Web site
                                                 (http://www.epa.gov/region9/brownfields)

                                                 Grant Recipient: City of Richmond Redevelopment
                                                 Agency,CA
                                                 (510)621-1262

                                                 The information presented in this fact sheet comes
                                                 from the grant proposal; EPA cannot attest to the
                                                 accuracy of this information. The cooperative
                                                 agreement for the grant has not yet been negotiated.
                                                 Therefore, activities described in this fact sheet are
                                                 subject to change.
  United States
  Environmental
  Protection Agency
  Washington, DC 20450
                              Solid Waste
                              and Emergency
                              Response (5105T)
EPA 560-F-04-232
        Jun 04

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