\ Brownfields 2004 Assessment and Revolving Loan Fund Grant Fact Sheet Madison, Wl 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 Town of Madison was selected to receive a brownfields assessment grant and a revolving loan fund grant. Madison is a community of 6,975 in Dane County, Wisconsin. The town has targeted an area in south Madison for redevelopment. The median per capita income in this area is $10,699. Most low-income housing in Madison was built in this area. Some of the low-income neighborhoods were separated from the others when two major highways were built through the community. The cut-off area is now home to a significant population of foreign-born persons (18 percent), many of whom face significant challenges because of their lack of proficiency in English and lack of familial support. This area also has a very high crime rate, which is 82.2 percent higher than the national crime rate. A portion of a 62-acre site, formerly occupied by two landfills, has already been redeveloped as a technology campus. The developer has retained the option to buy the remaining parcels and add them to the technology park; however, no environmental assessments have been performed on the properties to date. Because the target sites were used as landfills, and have known environmental contamination, the developer will require extensive environmental testing in order to purchase the parcels. The assessment grant Assessment Grant $200,000 for hazardous substances EPA has selected the Town of Madison to receive a brownfields assessment grant. Grant funds will be used to perform Phase I and II assessments on portions of a 62-acre brownfields site in the southern portion of the town. Grant funds will also be used to hold public involvement meetings. Revolving Loan Fund Grant $1,000,000 for hazardous substances EPA has selected the Town of Madison to receive a brownfields revolving loan fund grant. The grant will be used to provide loans or subgrants for at least two brownfields projects. Both projects are located in the southern portion of the town. Grant funds will also be used to conduct community health monitoring and community involvement activities. 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 5 Brownfields Team (312)886-7576 EPA Region 5 Brownfields Web site (http://www.epa.gov/R5Brownfields) Grant Recipient: Town of Madison, WI Town of Madison (608)210-7260 Town of Madison Council Chairman (608)210-7260 The information presented in this fact sheet comes from the grant proposal; EPA cannot attest to the accuracy of this information. The cooperative United States Environmental Protection Agency Washington, DC 20450 Solid Waste and Emergency Response (5105T) EPA 560-F-04-076 Jun 04 ------- will provide money to perform environmental investigations at the target sites in preparation for their expected purchase and reuse. At least two primary borrowers or subgrantees for revolving loan funds have already been identified. Both parties plan to use the funds to remediate parcels in south Madison, an area that is extremely distressed. The town hopes that redevelopment in this area would bring greater opportunities for the people living in south Madison. 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-04-076 Jun 04 ------- |