United States
                      Environmental
                      Protection Agency
                      Washington, D.C. 20460
  Solid Waste
  and Emergency
  Response (5105)
EPA 500-F-01-236
April 2001
www.epa.gov/brownfields/
 <>EPA      Brownfields  Cleanup
                       Revolving   Loan  Fund  Pilot
                                                                           Lynwood, 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 $250,000 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, brownfields cleanup revolving
loan fund (BCRLF) programs  (each funded up to $1,000,000 over five years), to provide financial assistance 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 Lynwood has a population of 62,000 and is
located in the southern part of Los Angeles County.
Lynwood is one of the most economically depressed
areas  of  Southern California,  with poverty  and
unemployment rates at more than twice the national
average. The per-capita income in 1990 was half the
national average. The city is plagued  by a  high
incidence of crime, drug use, and  teen pregnancy.
Approximately 40% of the city is located within the
County of Los Angeles-designated Enterprise Zone. The
City was awarded an  EPA  Brownfields Assessment
Demonstration Pilot Program grant in 1999.

BCRLF OBJECTIVES

The City of Lynwood is seeking to bring its brownfields
back into productive use. The City will assist efforts to
identify and assess contaminated sites and encourage
site redevelopment. Lynwood's BCRLF program will
provide critical funding for the cleanup of participating
sites.

The City has identified four sites as potential BCRLF
loan recipients: (1) The Marketplace Project will clean
up  a   13-acre  site that is  located  between  two
developments, (2) Michael's Furniture Manufac-
PILOT SNAPSHOT
  Lynwood, CA
Contacts:

 Lynwood Community
Development Department
   (310)-603-0220
                       Date of Announcement:
                       April 2001


                       Amount: $1.0 million

                       BCRLF Target Area:
                       Four sites within the City of
                       Lynwood
Region 9 Brownfields
    Coordinator
   (415)744-2237
      Visit the EPA Region 9 Brownfields web site at:
     www.epa.gov/region09/waste/brown/index.html

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:
            www.epa.gov/brownfields

-------
taring plans to expand into an adjacent vacant site that
requires cleanup, (3) the Alameda/Imperial/ Fernwood
Triangle project requires cleanup of a 13-acre former
junkyard before redevelopment as a retail center and
daycare facility can begin,  and (4) the Long Beach
Boulevard Retail Site project requires cleanup before
the 60,000  square-foot lot can be  developed for
neighborhood retailers. These projects  have already
attracted a total of $47 million in private financing, and
potential BCRLF borrowers have been identified.

FUND STRUCTURE AND OPERATIONS

The City of Lynwood's Community Development
Department will serve as the lead agency. The City is
reviewing options for site manager, including the State
Department of Toxic Substances Control, the Regional
Water Quality Control Board, or a City employee.
Selection will be based  on the level  and type of
contamination identified at  the primary project  sites.
Lynwood's Director of Finance will serve as the fund
manager, with assistance and cooperation provided by
the City's Community Development Department and
the City Attorney's office.
LEVERAGING OTHER RESOURCES

Leveraging private sector funding will be key to the
success of the BCRLF program. Anticipated private
financing for the four sites totals nearly $47 million.
Complementary government funding sources include
the  U.S. Department  of Housing and  Urban
Development Brownfields Economic Development
Initiative  and  Community  Development Block
Grants,  Section   108  loan  funds,  and  City
Redevelopment Agency tax increment financing.
 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
April 2001	
                                     Lynwood, CA
                                 EPA 500-F-01-236

-------