U.S. Environmental Protection Agency
New England Regional Office
July 13, 2016
Contact: David Deegan, (617) 918-1017
BOSTON – EPA will award additional grants of nearly $2.6 million in supplemental funding for communities in Connecticut, Maine, Massachusetts, Rhode Island and Vermont to carry out cleanup and redevelopment projects at contaminated Brownfields properties. The projects will help communities create jobs while protecting people’s health and the environment. The supplemental funding, ranging from about $200,000 to $500,000, will support an array of cleanup and redevelopment projects in the following New England locations:
– Department of Economic & Community Development – $205,000
– Naugatuck Valley Council of Governments – $427,000
– Greater Portland Council of Governments – $300,000
– Piscataquis County Economic Development Council – $300,000
– City of Worcester – $200,000
– City of Pawtucket – $300,000
– Vermont Agency of Commerce and Community Development – $500,000
– Windham Regional Commission – $350,000
Total = $2,582,000
“This EPA funding is going to communities and programs with a proven track record for successfully cleaning up and redeveloping local brownfield sites,” said Curt Spalding, regional administrator for EPA’s New England office. “EPA’s New England Brownfields program has a long history of helping to boost local economies, creating skilled well-paying local jobs, all the while protecting people’s health and our communities.”
The $2.582 million in funding for the five New England states is part of approximately $10.7 million nationally EPA has made available for supplemental brownfield funding under EPA’s Brownfields revolving loan fund (RLF). The eight New England recipients for supplemental RLF funding are among 33 organizations nationally that will use 2016 RLF funding to help approximately 40 communities carry out cleanup and redevelopment projects. Many of the RLF cleanups are in underserved and economically disadvantages neighborhoods – places where environmental cleanup and new jobs are most needed.
Innovation has always been an important component of EPA’s Brownfields program. RLF funds are being used to encourage and support innovation, such as renewable energy projects. An example is the Vermont Agency of Commerce and Community Development, which plans to use RLF supplemental funds for the development of a solar farm on a landfill.
Recipients use EPA’s Brownfields RLF funding to provide loans, and in some cases, sub-grants to carry out cleanup activities at brownfield sites. The RLF grantees provide a level of funding for cleanups that isn’t available through traditional financing options or through other brownfield grants, serving as the critical gap financing needed to jump-start the redevelopment process. RLF funding is often the last key piece of funding needed to make the cleanup and reuse of the property happen. When RLF loans are repaid, the loan amount is then returned to the fund and re-loaned to other borrowers, providing an ongoing sustainable source of capital within a community for additional cleanup of brownfield sites.
EPA continues to engage and help new communities address barriers to redeveloping sites which are plaguing their communities. All of the grantees selected for funding have significantly depleted their RLF funds and need supplemental funding in order to recapitalize their loan pool to continue making loans and subgrants to clean up brownfields properties. The supplemental funds help keep the cleanup momentum going so that more cleanups can be completed. To date, across the United States, RLF grantees have completed over 400 cleanups, leveraged approximately 15,000 jobs and over $5 billion of public and private funding.
Nationally, there are an estimated 450,000 abandoned and contaminated sites. EPA’s Brownfields program targets these sites to encourage redevelopment, and help to provide the opportunity for productive community use of contaminated properties.
EPA’s Brownfields program: https://www.epa.gov/
Brownfields work in New England: https://www.epa.gov/
Brownfields Revolving Loan Fund grants: https://www.epa.gov/