U.S. EPA Announces $7.2 Million in Brownfields Grants to Promote Economic Redevelopment Across the Pacific Southwest

Approximately $56.8 million to be awarded nationwide

SAN FRANCISCO –- (RealEstateRama) — The U.S. Environmental Protection Agency announced that the Pacific Southwest Region will receive $7,246,516 in federal grant funds distributed across 19 entities for brownfield site revitalization efforts. These grants are part of the $56.8 million awarded nationally to 172 recipients to assess and clean up historically contaminated properties, also known as brownfields, to help local governments redevelop vacant and unused properties, transforming communities and local economies.

“EPA is committed to working with communities to redevelop Brownfields sites which have plagued their neighborhoods. EPA’s Assessment and Cleanup grants target communities that are economically disadvantaged and include places where environmental cleanup and new jobs are most needed,” said EPA Administrator Scott Pruitt. “These grants leverage considerable infrastructure and other investments, improving local economies and creating an environment where jobs can grow. I am very pleased the President’s budget recognizes the importance of these grants by providing continued funding for this important program.”

The following EPA Brownfields grants will be awarded this year:

Arizona

  • City of South Tucson: Assessment grant, $300,000
  • White Mountain Apache Tribe Housing Authority: Cleanup grants, $600,000

California

  • City of Yreka: Assessment grant, $600,000
  • City of Arcata: Assessment grant, $300,000
  • Humboldt Bay Harbor, Recreation, and Conservation District: Cleanup grants, $200,000
  • City of Grass Valley: Assessment grant, $598,312
  • Plumas County Community Development Commission: Assessment grant, $200,000
  • City of Pittsburg: Assessment grant, $300,000
  • Association of Bay Area Governments: Assessment grant, $600,000
  • San Francisco Recreation and Park Department: Cleanup grants, $348,204
  • City of Sacramento: Assessment grant, $300,000
  • City of Bakersfield: Assessment grant, $300,000
  • City of Los Angeles: Assessment grant, $300,000
  • City of Brea: Assessment grant, $200,000
  • California High Speed Rail Authority: Assessment grant, $600,000
  • Imperial County Transportation Commission: Assessment grant, $300,000

Nevada

  • Northern Nevada Development Authority: Assessment grant, $600,000
  • Nye County: Assessment grant, $600,000

Hawaii

  • Honolulu Authority for Rapid Transportation: Assessment grant, $300,000; Cleanup grants, $600,000

Overview of the funds being announced today:

  • $25 million to communities who are receiving assessment and cleanup funding for the first time
  • $17.5 million of the assessment and cleanup funding will benefit small and rural communities with populations less than 10,000
  • Recipients will each receive approximately $200,000 – $600,000 in funding to work on individual sites or several sites within their community
  • These funds will provide communities with resources necessary to determine the extent of site contamination, remove environmental uncertainties and clean up contaminated properties where needed.

Studies have shown that residential property values near brownfields sites that are cleaned up increased between 5 and 15.2% within a 1.24-mile radius of that site. A study analyzing data near 48 brownfield sites shows that an estimated $29 to $97 million in additional tax revenue was generated for local governments in a single year after cleanup. This is two to seven times more than the $12.4 million EPA contributed to those brownfields.

As of May 2017, more than 124,759 jobs and $24 billion of public and private funding has been leveraged as a result of assessment grants and other EPA Brownfields grants. On average, $16.11 was leveraged for each EPA Brownfields dollar and 8.5 jobs leveraged per $100,000 of EPA Brownfields funds expended on assessment, cleanup, and revolving loan fund cooperative agreements.

View the list of the FY 2017 applicants selected for funding here:
https://www.epa.gov/brownfields/brownfields-list-fy17-grants-selected-funding

More on EPA’s Brownfields program:  https://epa.gov/brownfields

More on successful Brownfields stories: https://www.epa.gov/brownfields/brownfields-success-stories

# # #

Soledad Calvino (">)

SHARE
EPA

U.S. Environmental Protection Agency (EPA) leads the nation's environmental science, research, education and assessment efforts. The mission of the Environmental Protection Agency is to protect human health and the environment. Since 1970, EPA has been working for a cleaner, healthier environment for the American people.

EPA employs 17,000 people across the country, including our headquarters offices in Washington, DC, 10 regional offices, and more than a dozen labs. Our staff are highly educated and technically trained; more than half are engineers, scientists, and policy analysts. In addition, a large number of employees are legal, public affairs, financial, information management and computer specialists.

Contact:

202-564-7873 / 4355 /

Previous articleHanley Investment Group Arranges Sale of Single-Tenant NNN Walgreens in Oceanside for $7.4 Million
Next articleFirst Quarter Commercial/Multifamily Delinquencies Remain Low