Brownfields 2012 Revolving Loan Fund Grant Fact Sheet Ateiv NY 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. In 2002, the Small Business Liability Relief and Brownfields Revitalization Act was passed to help states and communities around the country cleanup and revitalize brownfields sites. Under this 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. 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 2 Brownfields Team (212) 637-3260 EPA Region 2 Brownfields Web site (http://www.epa.gov/region2/brownfields) Grant Recipient: City of New York 212-676-0386 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. Revolving Loan Fund Grant $650,000 for hazardous substances EPA has selected the City of New York for a brownfields revolving loan fund grant. The grant will be used to capitalize a revolving loan fund from which the City of New York will provide loans and subgrants to support cleanup activities for sites contaminated with hazardous substances. Grant funds also will be used to market the program, oversee fund management activities, and provide technical support for the implementation of the program. United States Environmental Protection Agency Washington, DC 20450 Solid Waste and Emergency Response (5105T) EPA-560-F-12-056 May 2012 ------- |