Brownfields 2000 Revolving Loan Fund Pilot 9& % Fact Sheet Oakland, CA EPA Brownfields Initiative 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. Background Oakland's BCRLF will target the Oakland Industrial Corridor Area, an 8,000-acre area that houses over 80 percent of Oakland's manufacturing firms and workforce. Over the past two decades, numerous plant closures and relocations have occurred in the area. In the Coliseum Redevelopment Project area, in particular, over 600 acres of land are underutilized and over 700 sites have potentially hazardous materials present. Many of these former industrial sites range from two to ten acres in size. Pilot Snapshot Date of Announcement: 05/01/2000 Amount: $500,000 Profile: Oakland Industrial Corridor Area 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 Oakland,CA (510)238-6657 Objectives Oakland's BCRLF goals include the following: • Clean up and initiate the reuse of large vacant and underutilized brownfields • Provide short-term cleanup jobs through the City's partnership with the Oakland Private Industry Council; • Provide a fair process for community input and self-determination; and • Allow the Oakland Redevelopment Agency to work with property owners to clean up large acreages and develop a comprehensive reuse plan for the area. Activities Fund Structure and Operations The City of Oakland will serve as lead agency and fund manager through its Community and Economic Development Agency. The site manager will be the City's Public Works Agency. Average loan size is expected to be $150,000. All loan recipients will be United States Environmental Protection Agency Washington, DC 20450 Solid Waste and Emergency Response (5105T) EPA500-F-00-144 May 00 ------- required to utilize training programs for remediation workers and local training and placement services that target low income residents. The City's Community and Economic Development Agency will draw upon City personnel for environmental, economic development, strategic planning, and legal services for the BCRLF. The Oakland Redevelopment Agency also will provide $100,000 to the BCRLF. The BCRLF will be used in conjunction with other City-managed loan programs including the US Department of Housing and Urban Development Section 108 loan guaranty authority, the Small Business Administration, and the Enhanced Enterprise Community (EEC) programs. The City plans to publish an environmental resource toolbox that will list all resources available to property owners, developers, and local public agencies to facilitate the reuse of brownfields. Use of BCRLF Pilot funds must be in accordance with CERCLA, and all CERCLA restrictions on use of funding also apply to BCRLF funds. 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) EPA500-F-00-144 May 00 ------- |