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CDFA Brownfields Finance Update - November 7, 2023

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Brownfields Financing Update
November 7, 2023
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Brownfields Finance Update

Features

Join CDFA for Our New Intro Federal Finance Course
Register for CDFA's Intro Federal Finance Course taking place on December 13-14 to learn the federal funding resources available to help advance economic development. Our panel of expert speakers will discuss how federal support tools can work in coordination with other development finance tools for programs and projects on the local level.

Butler County, OH Gets Another $2.5M to Eliminate Eyesores, Remediate Brownfields
Butler County, OH is receiving another $2.5 million cash infusion from the state to clear the way for redevelopment, similar to the windfall received to down the old Forest Fair Mall, which is a work in progress. Gov. Mike DeWine announced applications are open for a new round of the Ohio Building Demolition and Site Revitalization Program, which provides $150 million in grants to raze dilapidated commercial and residential buildings.

Susquehanna Valley, PA to Benefit from $1M from Brownfield Revolving Loan Fund
Pennsylvania's Susquehanna Valley communities will benefit from a large non-road-related allocation of $1 million for a community-wide Brownfield Revolving Loan Fund Grant through the U.S. Environmental Protection Agency (EPA).

Tulsa, OK Wins $900K in Brownfield Funding
The city of Tulsa, Oklahoma has received a supplement grant of $900,000 from the U.S. Environmental Protection Agency (EPA) to support ongoing private sector redevelopment activities through its Brownfield Revolving Loan Fund.

U.S. EPA Presents Kansas City, MO With $3M Check for Brownfields Funding
The U.S. Environmental Protection Agency (EPA) selected the City of Kansas City to receive an additional $3 million for its Brownfields Revolving Loan Fund (RLF) through the Bipartisan Infrastructure Law. This selection is in addition to the nearly $8.5 million in funds previously awarded to the city, which has successfully made loans or subgrants to 11 cleanup projects that are already completed or in progress.

U.S. EPA Announces $450M for Great Lakes Cleanup in Milwaukee, WI
The U.S. Environmental Protection Agency (EPA) announced a roughly $450 million effort to remove almost 2 million cubic yards of contaminated sediments within the Milwaukee Estuary. That's the equivalent of 610 Olympic-sized swimming pools of contaminated sediments that will be dredged from the Milwaukee Harbor and three rivers in the surrounding area.

Huron County, MI Community Hub Project Receives $500K Grant
The Huron County Community Foundation (HCCF) received some good news, when the Michigan Economic Development Corporation (MEDC) announced approval of $99.2 million in grant funding for projects across the state, through the Revitalization and Placemaking Program (RAP 2.0).

Tallulah, LA Receives $500K EPA Brownfield Assessment Grant
The City of Tallulah, LA has received $500,000 from the U.S. Environmental Protection Agency (EPA) to assess and redevelop abandoned properties. The grant money will go toward environmental site assessments. Once an inspection is conducted on the 25 potential sites, experts will identify a clean-up plan and speak with previous owners to learn the history of the building.

Upcoming Events
Intro Federal Finance Course

CDFA // BNY Mellon Development Finance Webcast Series: The Latest in Cannabis Finance
November 21, 2023 - 2:00 PM - 3:00 PM Eastern
During this installment of the CDFA // BNY Mellon Development Finance Webcast Series, speakers will review the latest regulations affecting cannabis financing and the creative financing approaches providing capital to this emerging industry.

CDFA Food Systems Finance Webinar Series: Restoring Local Food Systems Through Finance
November 28, 2023 - 2:00 PM - 3:30 PM Eastern
In this installment of the CDFA Food Systems Finance Webinar Series, we will illustrate the Reframe, Build, Plan framework of critical success factors that are needed to expand financing and drive capital into local food systems.

Brownfields Financing Headlines

The Phases of Revitalization in Berkeley County, SC
The Berkeley Independent | Nov. 1 | Brownfield Financing | Redevelopment | U.S. Environmental Protection Agency (EPA)

Franklin, NC Brownfield Cleanup Gets Grant Funding
Smoky Mountain News | Nov. 1 | Brownfield Financing | Rural Development | State Finance Program | State Brownfield Programs

Will County, IL Communities Input Urged at Public Meetings on Cleanup of Brownfield Sites
The Times Weekly | Oct. 30 | Brownfield Financing | Federal | U.S. Environmental Protection Agency (EPA) | EPA Assessment Grants

NYS to Clean Up Chestertown, NY Brownfield
The Sun | Oct. 29 | Brownfield Financing | Community Development | Rural Development | Local Brownfield Programs

Brownfield Cleanup – Largest Ever EPA Investment of Its Type in Indiana
Building Indiana | Oct. 25 | Brownfield Financing | Federal | U.S. Environmental Protection Agency (EPA) | EPA Assessment Grants | EPA Revolving Loan Fund Grants | EPA Clean-Up Grants

Biden-Harris Admin Allocates $1.7M for Illinois Environmental Justice Projects
Chicago Defender | Oct. 25 | Brownfield Financing | Federal | U.S. Environmental Protection Agency (EPA) | EPA Assessment Grants

Development Proposed for Long-Abandoned Chemical Company Site in Clayton, DE
Delaware Online | Oct. 24 | Brownfield Financing | Rural Development | State Finance Program | State Brownfield Programs

Anderson County, TN Nuclear Site Gains $13.5M From State, Feds for Cleanup
Tennessee Lookout | Oct. 23 | Brownfield Financing | Federal | U.S. Environmental Protection Agency (EPA) | EPA Assessment Grants

Mendota, IL to Apply for $1.2M Illinois Avenue Cleanup Grant
Shaw Local | Oct. 19 | Brownfield Financing | Federal | U.S. Environmental Protection Agency (EPA) | EPA Assessment Grants

Blighted Chelsea, MI Property will Become Public Park Thanks to New Public-Private Partnership
Concentrate | Oct. 18 | Brownfield Financing | Federal | U.S. Environmental Protection Agency (EPA) | EPA Assessment Grants

Missoula County, MT Directs EPA Grant to Rid Federal Building of Contaminants
Missoula Current | Oct. 17 | Brownfield Financing | Federal | U.S. Environmental Protection Agency (EPA) | EPA Assessment Grants

$1M to Remediate Future Daycare Center, Historic Structures in Allegheny County, PA
Pittsburgh Post-Gazette | Oct. 13 | Brownfield Financing | Federal | U.S. Environmental Protection Agency (EPA) | EPA Assessment Grants

Houston, TX Will Use $1M of Federal Funds to Clean Up Hazardous Contamination Sites
abc13 | Oct. 12 | Brownfield Financing | Federal | U.S. Environmental Protection Agency (EPA) | EPA Assessment Grants

Seneca County, NY Supervisors to Seek Federal Brownfield Grants for Blighted Properties
Finger Lakes Times | Oct. 12 | Brownfield Financing | Federal | U.S. Environmental Protection Agency (EPA) | EPA Assessment Grants

Detroit, MI Mixed-Use Development Receives $750K to Clean Up Contaminated Soil
Model Media | Oct. 10 | Brownfield Financing | State Finance Program | Urban Development | State Brownfield Programs

U.S. EPA Awards $5M to Support University of Connecticut's Brownfields TA Program
University of Connecticut | Oct. 9 | Brownfield Financing | Federal | U.S. Environmental Protection Agency (EPA)

U.S. EPA, Mobile, AL to Host Meeting on Pollution Cleanup Progress in Africatown
AL.com | Oct. 7 | Brownfield Financing | Federal | U.S. Environmental Protection Agency (EPA) | EPA Assessment Grants

Gov. Beshear Makes Multiple Stops in Daviess County, KY, Presents $6.8M in Funding
The Owensboro Times | Oct. 6 | Brownfield Financing | Rural Development | State Finance Program | State Brownfield Programs



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.


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

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