O | Brownfields 2016 Revolving Loan Fund Grant Fact Sheet
Midcoast Economic Development District, Coastal Maine
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.
Revolving Loan Fund Grant
$660,000for hazardous substances
$160,000for petroleum
EPA has selected the Midcoast Economic Development District for a
brownfields revolving loan fund grant. The grant will be used to
capitalize a revolving loan fund from which the Midcoast Economic
Development District will provide six loans or subgrants to support
cleanup activities for sites contaminated with hazardous substances and
petroleum. Grant funds also will be used to oversee cleanups and support
community outreach 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 1 Brownfields Team
(617)918-1278
EPA Region 1 Brownfields Web site
(https: //www. epa. go v/bro wnfields/brownfie
lds-and-land-revitalization-connecticut-
maine-massachusetts-new-hampshire-rhode# pane-1 )
Grant Recipient: Midcoast Economic Development District, ME
(207) 443-5790
Hie 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	_ . w__tp
Environmental	EPA-560-F-16-092
Protection Agency	Re™S (51<»T)	M»»2016
Washington, DC 20450	Kesponse (Si us )

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