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EPA Provides Additional $3+ Million for Brownfields Cleanups in New England
Boston EPA has provided additional grants of $3.275 million in supplemental funding for communities in Connecticut, Maine, Massachusetts, New Hampshire and Vermont to carry out cleanup and redevelopment projects at contaminated Brownfields properties. The projects will help communities create jobs while protecting peoples health and the environment.
The supplemental funds will support an array of cleanup and redevelopment projects in the following New England locations:
Connecticut - City of Bridgeport - $300,000 - City of New Haven - $200,000 Maine - Piscataquis County Economic Development Council - $300,000 - State of Maine Department of Economic and Community Development - $500,000 Massachusetts - City of Gardner - $250,000 - Merrimack Valley Planning Commission - $375,000 New Hampshire - City of Nashua - $300,000 - Regional Economic Development Center of Southern New Hampshire -$300,000 Vermont - Southern Windsor County Regional Planning Commission - $250,000 - Vermont Agency of Commerce and Community Development $500,000
The funding is through EPAs Brownfields revolving loan fund, which specifically supplies funding for grant recipients to provide loans and sub-grants to carry out cleanup activities at brownfield sites. When these loans are repaid, the loan amount is then returned to the fund and subgranted or re-loaned to other borrowers, providing an ongoing source of capital within a community for additional cleanup of brownfield sites. The supplemental grants range in funding from about $200,000 to $500,000 with an average grant award of $350,000. These additional EPA Brownfield grants are going to communities with proven track records in successfully cleaning up and redeveloping brownfield sites, said Curt Spalding, regional administrator for EPAs New England office. EPAs Brownfields program has a long history of helping to boost local economies, creating skilled well-paying local jobs, all while protecting peoples health and our communities. Nationally, there are an estimated 450,000 abandoned and contaminated sites in the United States. EPAs Brownfields program targets these sites to encourage redevelopment, and help to provide the opportunity for productive community use of contaminated properties. EPAs Brownfields investments overall have leveraged more than $21 billion in cleanup and redevelopment funding from public and private sources and on average, $17.79 is leveraged for every EPA Brownfields grant dollar spent. The funds have enabled the support of 97,500 jobs in cleanup, construction and redevelopment. More information: EPAs Brownfields program: http://www.epa.gov/brownfields/ Brownfields work in New England: http://www.epa.gov/region1/brownfields/index.html Brownfields Revolving Loan Fund grants: http://www.epa.gov/brownfields/rlflst.htm Learn More about the Latest EPA News & Events in New England (http://www.epa.gov/region1/newsevents/index.html) Follow EPA New England on Twitter (http://twitter.com/epanewengland)Connect with EPA New England on Facebook (https://www.facebook.com/EPARegion1)
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