O - Brownfields 2022 Revolving Loan Fund Grant Fact Sheet
\*N> ^ Piedmont Triad Regional Development Corporation, NC

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. The Small Business Liability Relief and
Brownfields Revitalization Act of 2002, as amended by the
Brownfields Utilization, Investment and Local Development
Act of 2018, was passed to help states and communities around
the country clean up and revitalize brownfield sites. Under this
law, EPA provides financial assistance to eligible applicants
through five competitive grant programs: Multipurpose Grants,
Assessment Grants, Revolving Loan Fund Grants, Cleanup
Grants, and Environmental Workforce Development and Job
Training Grants. Additionally, funding support is provided to
state and tribal response programs through a separate
mechanism.

Revolving Loan Fund Coalition Grant

$1,000,000

EPA has selected the Piedmont Triad Regional Development
Corporation for a Brownfields Revolving Loan Fund (RLF) Coalition
Grant. The grant will be used to capitalize a revolving loan fund from
which the Piedmont Triad Regional Development Council will provide
loans and subgrants to support cleanup activities. Grant funds also will
be used to market the fund and provide environmental oversight. RLF
activities will focus on the Cities of High Point and Siler City, North
Carolina; and the Town of Blairs, Virginia. Priority sites include a 5-acre
former desk manufacturing plant adjacent to the North Carolina railroad,
an 11-acre former mill site, and a 1.7-acre site that has historically been
used as a flour mill, laundry facility, fertilizer warehouse, and machine
company. Coalition members are the West Piedmont Planning District
and the Triangle J Council of Governments.

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 4 Brownfields Team
(404) 562-8604

EPA Region 4 Brownfields Web site
(https: //www. epa. go v/bro wnfields/r4)

Grant Recipient: Piedmont Triad Regional Development Corporation, NC
(336)904-0300

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

Land and
Emergency
Management (5105T)

EPA-560-F-22-199
May 2022

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