/!T^. Brownfields 2000 Revolving Loan Fund Pilot
Fact Sheet

Carson, CA

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

Prior to its incorporation in 1968, the landscape of the
City of Carson, California was dominated by heavy
industrial operations, junkyards, and landfills. As a
result, a number of properties now exist with
contaminated soil and groundwater. Carson is an EPA
Brownfield Assessment Pilot, and is currently identifying
and characterizing brownfield sites with a high potential
for redevelopment. Carson's BCRLF is targeting the
City's identified redevelopment areas.

Pilot Snapshot

Date of Announcement: 05/01/2000
Amount: $500,000

Profile: City redevelopment areas Carson, California

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 9 Brownfields Team
(415)972-3091

EPA Region 9 Brownfields Web site
(http ://www .epa.gov/region9/brownfields)

Grant Recipient: City of Carson,CA
(310) 830-7600 ext 1000

Objectives

The objectives of Carson's BCRLF are to:

•	Provide a model for success for brownfields
remediation and revolving loan fund financing
procedures;

•	Attract greater interest and additional seed capital
to conduct long-term redevelopment;

•	Assume a leadership role in California's
Voluntary Cleanup Program and assist other
California communities in replicating success;

•	Solicit the participation of involved stakeholders
and provide technical assistance to facilitate
cleanup; and

•	Provide a viable financing source at below
market rates that will attract private capital and
result in sustainable cleanup and reuse efforts.

•	Carson's BCRLF will give preference to projects
located in the City's redevelopment areas or that
are on the City's Brownfields Assessment Pilot
priority list.

United States	c

Environmental	anri Fmpflpn™	EPA 500-F-00-141

nil- a	ancl Emergency	.. __

Protection Agency	Response (5105T)	MaV00

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Activities

Fund Structure and Operations

The City of Carson's Community Development
Department (CDD) will serve as the lead agency. The
CDD will share fund manager duties with the National
Development Council (NDC). NDC will evaluate loan
applications in accordance with the City's underwriting
criteria. The appropriate environmental regulatory
agencies, such as the California EPA Department of
Toxic and Substance Control and the California
Regional Water Quality Control Board, will act as site
managers. All of Carson's $500,000 BCRLF award will
be allocated for loans.

To leverage the BCRLF, Carson plans to pursue US
Department of Housing and Urban Development
Brownfields Economic Development Initiative grants,
Section 108 loans, and Community Development Block
Grant funds, as well as US Department of Commerce
Economic Development Administration grants. The City
also has redevelopment tax increment funds that can be
used to leverage cleanup efforts within the City's
redevelopment areas. The City will contribute
significant resources to administer the fund.

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-00-141
May 00


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