United States
                      Environmental
                      Protection Agency
                      Washington, D.C.  20460
  Solid Waste
  and Emergency
  Response (5101)
EPA500-F-00-146
May 2000
www.epa.gov/brownfields/
 <>EPA      Brownfields  Cleanup
                       Revolving   Loan   Fund   Pilot
                                                                    Stockton, CA
Outreach and Special Projects Staff (5105)
                       Quick Reference Fact Sheet
EPA's Brownfields Economic Redevelopment Initiative is designed to empower states, communities, and other stakeholders
in economic redevelopment to work together in a timely manner to prevent, assess, safely clean up, and sustainably reuse
brownfields. A brownfield is a site, or portion thereof, that has actual or perceived contamination and an active potential for
redevelopment or reuse. EPA is funding: assessment demonstration pilot programs (each funded up to $200,000 over two
years), to assess brownfields sites and to test cleanup  and redevelopment models; job training pilot programs (each funded
up to $200,000 over two years), to provide training for residents of communities affected by brownfields to facilitate cleanup
of brownfields sites and prepare trainees for future employment in the environmental field; and, cleanup revolving loan fund
programs (each funded up to $500,000 over five years) to capitalize loan funds to make loans for the environmental cleanup
of brownfields. These pilot programs are intended to provide EPA, states, tribes, municipalities, and communities with useful
information and strategies as they continue to  seek  new methods to promote a unified approach  to site assessment,
environmental cleanup, and redevelopment.
BACKGROUND

The City of Stockton was established as an industrial
area  during the California gold  rush  in 1849.
Manufacturing in the area reached its  height during
World War II. Over the years, the shipyards, plants,
mills, and  industrial sites were abandoned and have
remained undeveloped largely because of the threat of
contamination. The  City has designated some of its
most impoverished and deteriorated neighborhoods as
Redevelopment Project Areas. The Central Stockton
Redevelopment Project Area has been selected as the
focus areafor Stockton's BCRLF. hi Central Stockton,
which includes the City's downtown and waterfront
areas, approximately 54 percent of the families are
below the poverty level and 25 percent of the residents
are unemployed. Stockton is a Brownfields Assessment
Pilot.

BCRLF OBJECTIVES

The objective of Stockton's BCRLF is to encourage
economic revitalization of the urban waterfront area.
Redevelopment  of  the waterfront  will  promote
productive land use, reduce air and water pollution
associated   with  urban  sprawl,  and   expand  job
opportunities in  locations accessible to low-income
populations. Potential borrowers could include the
PILOT SNAPSHOT
Date of Announcement:
                  May 2000

                  Amount: $500,000

                  BCRLF Target Area:
                  Stockton's downtown and
                  waterfront areas
Stockton, California
Contacts:

City of Stockton Housing
and Redevelopment Department
(209)937-8811
 Region 9 BCRLF
 Coordinator
 (415)744-2237
      Visit the EPA Region 9 Brownfields web site at:
     www.epa.gov/region09/waste/brown/index.htm

For further information, including specific Pilot contacts, additional
 Pilot information, brownfields news and events, and publications
     and links, visit the EPA Brownfields web site at:
          http://www.epa.gov/brownfields

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Marina Towers Partnership, Colberg Boatworks, Chase
Chevrolet, and Crystal Creamery.

FUND STRUCTURE AND OPERATIONS

The  City of Stockton Redevelopment Agency will
serve as lead agency. The California Department of
Toxic Substances Control will serve as site manager
and the City of Stockton Housing and Redevelopment
Department will serve as fund manager. Loan terms
will be no longer than five years and it is anticipated
that between five and eight loans will be made from the
original loan pool.

LEVERAGING OTHER RESOURCES

Stockton's BCRLF will be used in conjunction with
other funding sources to  serve short-term financing
needs as part of a redevelopment project. The US
Department of Housing and Urban Development has
awarded Stockton a $500,000 Brownfields Economic
Development Initiative grant and a $3 million Section
108 loan to help fund redevelopment of Weber Block
Plaza. These awards will be used to design the project
and fund the environmental permitting process and
cleanup plan. The Agency may use Stockton's BCRLF
program to provide gap financing for cleanup.
Use of BCRLF Pilot funds must be in accordance with
CERCLA, and all CERCLA restrictions on use of funding
also apply to BCRLF funds.
Brownfields Cleanup Revolving Loan Fund Pilot                                                    Stockton, California
May 2000	EPA 500-F-00-146

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