[CPEO-BIF] Brownfields Program has Generated 6,400 Jobs and Leveraged Funding

[CPEO Moderator <cpeo@cpeo.org>]

http://www.epa.gov/epahome/headline2_0824.htm

US EPA Headlines

Brownfields Program has Generated 6,400 Jobs and Leveraged Funding over
$2.3 Billion

EPA's brownfields program, which primarily helps redevelop idle commercial
and industrialized sites, has generated more than 1,400 cleanup jobs and
5,000 redevelopment jobs. In addition, pilot communities have already
reported a leveraged economic impact of over $2.3 billion. Communities have
been further aided with job training and other assistance throughout the
cleanup and redevelopment process. 

To jump start local cleanup and redevelopment efforts, the Brownfields
program uses small amounts of seed money, in the form of grants, to spur
communities to use novel and creative approaches to return idle
industrialized areas to productive use. The grants helped launch the return
of hundreds of properties to productive reuse and local vitality. 

By September 30, EPA will fund as many as 50 additional Brownfields pilots
for up to $200,000 each and provide supplemental funding to more than 50
existing pilots for up to $150,000 each. In fiscal year 2001, the
Administration has requested $8 million to provide supplemental funding and
technical support to 40 assessment pilots at up to $200,000 each. 

Many communities begin their cleanup efforts with a demonstration pilot.
These pilots provide for the assessment of abandoned, idled or under-used
commercial properties where expansion or redevelopment is complicated by
real or perceived contamination. Once cleanup needs have been determined
and any unknowns removed, further assistance is provided under the
Brownfields Cleanup Revolving Loan Fund (BCRLF) with grants up to $500,000
each. Over 100 BCRLF pilots have already been selected. To ensure that the
benefits extend to the targeted community, funds are made available for the
training of local workers in environmental cleanup, thus creating jobs. 

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
To read CPEO's archived Brownfields messages visit
http://www.cpeo.org/lists/brownfields

If this email has been forwarded to you and you'd
like to subscribe, please send a message to
cpeo-brownfields-subscribe@igc.topica.com 
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
___________________________________________________________
T O P I C A  The Email You Want. http://www.topica.com/t/16
Newsletters, Tips and Discussions on Your Favorite Topics