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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