Brownfields Awarded $1.4 Million for Redevelopment
- Event date:
For Immediate Release
April 9, 2008
$1.4 Million Awarded to County to Redevelop Brownfields
The U.S. Environmental Protection Agency (USEPA) announced today that Cuyahoga County Board of Commissioners has been awarded $1.4 million in federal funding to continue the County’s Brownfield Environmental Site Assessment program and Revolving Loan Fund.
Cuyahoga County received a $ 1 million grant for use in sustaining a revolving loan fund that provides loans and sub-grants to support the clean-up of sites contaminated with hazardous substances.
Cuyahoga County implemented the brownfield assessment program in 2003 with a $400,000 USEPA Environmental Assessment Grant and received additional grants in the same amounts in both 2005 and 2006. The $400,000 awarded this year will continue the Commissioners’ efforts in redeveloping brownfields throughout the County. These funds provide a critical up-front service needed to jump start new projects.
Utilized to identify and evaluate a number of brownfield sites contaminated with hazardous substances and/or petroleum in order that they can subsequently be remidiated and redeveloped, the Brownfield Community Assessment Initiative is a key component to the County’s brownfield strategy. The County to date conducted environmental assessments of 56 sites. In 2007, 14 projects received Community Assessment Initiative funding leveraging $20.2 million in additional investment and creating/retaining 589 jobs. Under the program, the County has provided cleanup assistance for such sites as closed gas stations, vacant manufacturing buildings, sites with orphaned underground storage tanks, and abandoned industrial facilities
Since 2000, the County has invested $17.2 million in 27 projects under its Brownfield Redevelopment Fund leveraging over $200 million in additional project investment and cleaning over 170 acres of land. Including this award, the County Department of Development since 2003 has secured over $13.8 million in federal and state brownfield funding assistance. These projects have created or retained over 1,800 jobs and increased property values by $11 million.
With minimum public investment, brownfield projects can result in clean, affordable land for new developments, reduce neighborhood blight, preserve greenspace, generate tax revenues for schools, and create jobs. The Commissioners recognize a need for government assistance to redevelop brownfields in our communities. The County’s Brownfield Redevelopment Fund and Community Assessment Initiative were created to address this need. More information about the Cuyahoga County Brownfield Program is located at www.brownfields.cuyahogacounty.us.