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CDFA Brownfields Financing Update - September 1, 2015

Brownfields Financing Update
September 1, 2015
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Brownfields Financing Update

Features

Missoula Food Bank to Receive $100K Brownfields Loan to Clean Property
The Missoulian reports that the Missoula Food Bank will receive a grant from the city's Brownfields revolving loan fund to pay for the reclamation of a property where it plans to construct a new building early next spring.

University of Maryland Wins Environmental Finance Center Grant
The University of Maryland received a six-year grant to support its Environmental Finance Center, which helps communities find financing for environmental activities, according to EP Newswire.

PSEG Solar Source Adds Brownfield Facility
According to PRNewswire, PSEG Solar Source today announced that it has acquired the Columbia Solar Project from Hanergy America Solar Solutions, which is built on a remediated brownfield. The new facility has 83,000 solar panels on a 105-acre remediated parcel located in an historically industrial zone.

Remediating and Redeveloping Brownfields in New Jersey
This report from the Center for Creative Land Recycling and Association of New Jersey Environmental Commission serves as a guide for municipalities and community organizations looking to remediate and redevelop brownfields.

EPA Grant a First Step Toward Pelzer Restoration
GSA Business reports that the nonprofit Pelzer Heritage Commission was awarded $400,000 in brownfield cleanup grants by the U.S. EPA. to redevelop the Pelzer Mill.

Upcoming Events
Intro Brownfields Finance Course
CDFA Brownfields Technical Assistance Program

Enroll Now! CDFA Brownfields Project Marketplace in Charleston, SC
CDFA is excited to offer the Brownfields Project Marketplace as an opportunity for communities to receive free technical assistance related to the redevelopment and financing of brownfield projects. Join us November 3-6 in Charleston, SC to consult with financing professionals and brownfield project experts who can help identify potential resources for your brownfield project.

Brownfields Financing Headlines

Construction to Begin on $8.5M Gateway Project
Lansing State Journal | Sep. 1 | Access to Capital | Brownfield Financing

IL Congressmen Announce EPA Grant to Identify Brownfields
Belleville News-Democrat | Aug. 27 | Access to Capital | Brownfield Financing

High Point Looks for New Uses of Former Industrial Sites
WFDD | Aug. 27 | Access to Capital | Brownfield Financing | U.S. Environmental Protection Agency (EPA)

MA Towns Find New Uses for Contaminated Property
Milford Daily News | Aug. 27 | Access to Capital | Brownfield Financing | U.S. Environmental Protection Agency (EPA)

EPA Awards GFDA $500K for Brownfields Cleanup
Great Falls Tribune | Aug. 27 | Access to Capital | Brownfield Financing | U.S. Environmental Protection Agency (EPA)

Development of Utica Ballpark Moves Forward
Macomb Daily News | Aug. 27 | Access to Capital | Brownfield Financing | State Finance Program

EPA Awards $400K Brownfield Grants to Pittsburgh Development Co.
WESA | Aug. 25 | Access to Capital | Brownfield Financing | U.S. Environmental Protection Agency (EPA)

Baltimore to Assess Contamination in Vacant Lots with EPA Grant
Baltimore Business Journal | Aug. 20 | Access to Capital | Brownfield Financing | U.S. Environmental Protection Agency (EPA)

EPA Awards $1.3M to Cleanup Brownfields in Rhode Island
WPRI | Aug. 13 | Access to Capital | Brownfield Financing | U.S. Environmental Protection Agency (EPA)

VT Receives over $2M EPA Brownfields Funding
US EPA | Aug. 12 | Access to Capital | Brownfield Financing | State Finance Program | U.S. Environmental Protection Agency (EPA)


Highlights from the Online Resource Database

CDFA Brownfields Financing Webinar Series: New Investments with NMTC
Access to Capital | Brownfield Financing | Community Development | Economic Development | Recommended Practices | Redevelopment | Tax Credits | U.S. Environmental Protection Agency (EPA) | Webcasts
As part of the CDFA Brownfields Technical Assistance Program, this third installment of the Brownfields Financing Webinar Series focuses on the recent allocation of $3.5 billion in New Markets Tax Credit awards by the U.S. Treasury Department's CDFI fund and the significant potential this tool has to support the financing of brownfields cleanup and redevelopment.


The Council of Development Finance Agencies (CDFA) is a national association dedicated to the advancement of development finance concerns and interests. CDFA is comprised of the nation's leading and most knowledgeable members of the development finance community representing public, private and non-profit entities alike. For more information, visit www.CDFA.net or email info@cdfa.net.

Disclaimer: This publication was developed under Assistance Agreement No. TR-83576801-0 awarded by the U.S. Environmental Protection Agency. It has not been formally reviewed by EPA. The views expressed in this document are solely those of Council of Development Finance Agencies and EPA does not endorse any products or commercial services mentioned in this publication. 


Council of Development Finance Agencies
100 E. Broad Street, Suite 1200
Columbus, OH 43215
(614) 705-1300
info@cdfa.net


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