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Brownfields 2000 Revolving Loan Fund Pilot
\ Fact Sheet
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? Coalition: The State of Washington, King County, City of Seattle, and City
of Tacoma
EPA Brownfields Initiative
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.
Background
The State of Washington has a population of 5.7 million,
with approximately 11 percent of the State's population
living in poverty. Many communities have landfills,
industrial property, fish and food processors, and mill
sites that need to be returned to productive use. The
Washington BCRLF is a coalition with King County, the
Cities of Seattle and Tacoma, and the State of
Washington. Seattle/King County will integrate the
BCRLF with its Brownfields Showcase Community
program and its Job Training and Development program.
Pilot Snapshot
Date of Announcement: 05/01/2000
Amount: $1,500,000
Profile: Downtown and South Tacoma, Waterway,
Port of Tacoma, Manufacturing & Industrial Centers
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 10 Brownfields Team
(206)553-7299
EPA Region 10 Brownfields Web site
(http://yosemite.epa.gov/R10/CLEANUP.NSF/
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Grant Recipient: Washington State Department of
Community, Trade, and Economic Development
(206)553-2100
Objectives
Washington State's BCRLF will provide loan funds to
clean up some of the most challenging brownfields. The
BCRLF also will target environmental justice
communities to promote increased employment and
livability in those communities.
The State has identified numerous potential BCRLF
borrowers. Within King County and the City of Seattle,
the BCRLF will target Manufacturing and Industrial
Centers (MICs), in particular the Duwamish MIC.
Within the City of Tacoma, the BCRLF target areas are
Tacoma's downtown, the South Tacoma Industrial area,
and the Port of Tacoma.
Activities
Fund Structure and Operations
The Washington Department of Community, Trade, and
United States	c
Environmental	anri Fmpflpn™	EPA 500-F-00-147
nil- a	ancl Emergency	.. __
Protection Agency	Response (5105T)	MaV00
Washington, DC 20450	^ v '

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Economic Development (CTED) will serve as the lead
agency and, through its Business Loan Program also
will serve as fund manager. The Washington State
Department of Ecology will serve as site manager.
One-third of the coalition's funding will be available for
cleanup of brownfields anywhere in the State. The
remainder of the funds will be evenly divided between
King County/Seattle and Tacoma for brownfields
cleanup in their respective jurisdictions.
Washington State anticipates that BCRLF funds may be
combined with industrial revenue bond proceeds to
finance portions of redevelopment. In addition, BCRLF
funds may be combined with US Department of
Housing and Urban Development Economic
Development Initiative programs and Section 108 loan
programs, US Army Corp of Engineers programs, and
Economic Development Administration programs. The
State expects some private financing institutions will
provide assistance to CTED in implementing the
BCRLF. In addition, CTED's Community Development
Finance staff will assist with outreach and marketing for
the BCRLF. Seattle/King County also will require loan
recipients to sign First Source Hiring Agreements to
foster the creation and retention of jobs.
Use of BCRLF Pilot funds must be in accordance with
CERCLA, and all CERCLA restrictions on use of
funding also apply to BCRLF funds.
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.
United States
Environmental
Protection Agency
Washington, DC 20450
and Emergency
Response (5105T)
Solid Waste
EPA 500-F-00-147
May 00

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