Brownfields 2003 Revolving  Loan  Fund  Grant
              Fact  Sheet
              Colorado Department of Public Health and Environment,
              Denver, Lakewood, Englewood, CO
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 Colorado  Department of Public Health and
Environment was selected to receive a revolving loan
fund grant. The City of Denver, a federally designated
Enterprise Community and a Brownfields Showcase
Community, has identified a number of distressed
neighborhoods around historically commercial and
industrial properties with suspected or confirmed
environmental contamination. Englewood, a city with
no undeveloped land, is targeting properties along
major industrial corridors with legacies of obsolete
heavy manufacturing. Lakewood is focusing on
petroleum-contaminated sites  in three neighborhoods
that contain a variety of commercial/industrial
operations, including junkyards, vehicle storage yards,
and dry cleaning facilities. Most residents in the target
neighborhoods are low-income and minorities. Cleanup
and revitalization of the target sites is expected to
generate millions of dollars in annual economic
activity; create new businesses, jobs, and housing; and
restore greenspace in depressed areas in the region.
                   Revolving Loan Fund Grant

                   $750,000 for petroleum

                   EPA has selected the Colorado Department of Public
                   Health and Environment for a brownfields revolving
                   loan fund grant. The grant will be used to further
                   capitalize a revolving loan fund from which the
                   Colorado Department of Public Health and
                   Environment will provide loans and subgrants to
                   conduct cleanup activities. The grant will be used to
                   supplement the Coalition's existing loan fund to
                   support cleanup activities at petroleum sites with
                   imminent cleanup funding needs in the City and
                   County of Denver and the Cities of Englewood and
                   Lakewood.

                   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 8 Brownfields Team
                   (303)312-7074
                   EPA Region 8 Brownfields Web site
                   (http://www.epa.gov/region8/brownfields)

                   Grant Recipient: State of Colorado
                   (303) 692-3398

                   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 500-F-03-071
        Jun 03

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