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Brownfields Financing Update
May 3, 2016
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Brownfields Finance Update

Features

Setting the Stage for Leveraging Resources for Brownfields Revitalization
This guide from the U.S. EPA provides guidance and technical assistance to localities and brownfields practitioners on leveraging resources for brownfields revitalization. This guide explores how communities can prepare to successfully leverage funding and other resources for brownfields revitalization.

House Subcommittee Examines EPA Brownfields Program
The U.S. House of Representatives Subcommittee on Environment and the Economy held a hearing about the EPA Brownfields Program, including what about it currently works well, what could be improved, and how the program helps communities handle issues like environmental liability concerns, financial barriers, cleanup considerations, and reuse planning.

Tapco Site: Be Flexible to Reach Endgame in Rockford, IL
As reported by Renewal & Redevelopment, in order to fund the remediation efforts needed to demolish a former vacant manufacturing facility and clean up the site, the City of Rockford, IL combined five different funding sources totaling over $1.28 million.

Brownfields Cleanup Costs Worst in San Diego
San Diego ranks as the nation's worst when it comes to cleaning up industrial sites for redevelopment purposes, according to The San Diego Union-Tribune.

Cleanup of Evans-Fintube Site in Tulsa, OK to Begin
Tulsa World reports that a long-awaited effort to clean up the Evans-Fintube industrial site just north of downtown Tulsa will begin soon, opening doors to developing the brownfield property and revitalizing parts of north Tulsa. The Evans-Fintube site was selected for a CDFA Project Response Team site visit in 2015.

Land Bank Offers New Hope for Polluted Properties in CT
Under new legislation, a land bank would be eligible for the same remediation funding as a municipality, but as a nonprofit it would be better equipped to pursue other sources, including philanthropic donations, reports ctpost.com.

Upcoming Events
Energy Investment Partnerships Webinar Series
CDFA Brownfields Technical Assistance Program
Enroll Now! CDFA Online Brownfields Project Marketplace
June 22-24, 1:00 - 5:00pm Eastern
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 online June 22-24 to consult with financing professionals and brownfield project experts who can help identify potential resources for your brownfield project.

Brownfields Financing Headlines

2016 Oregon Brownfields Conference -- May 16-17
Business Oregon | May. 2 | Brownfield Financing

Robust Cleanup Funds Make Big Difference in Poughkeepsie
Poughkeepsie Journal | Apr. 29 | Brownfield Financing

Two New Tip Sheets from EPA for Area Wide Planning Grantee Applicants
US EPA | Apr. 29 | Brownfield Financing | U.S. Environmental Protection Agency (EPA)

Former Steel Mill Brownfield Site in Donora Sees Redevelopment
Observer-Reporter | Apr. 29 | Brownfield Financing

Three Northern Wisconsin Communities Receive State Brownfields Awards
Wisconsin Dept. of Natural Resources | Apr. 28 | Brownfield Financing | State Finance Program

St. Paul, MN Adapts Brownfields to Protect Water Resources
Minnesota Daily | Apr. 28 | Brownfield Financing | Infrastructure Finance | Innovation Finance

EPA Recovers $10M to Cleanup Superfund Site in South Dakota
EPA | Apr. 28 | Brownfield Financing | U.S. Environmental Protection Agency (EPA)

EPA to Fund Study of Former Dairy Plant in New Bremen, NY
Watertown Daily Times | Apr. 28 | Brownfield Financing | U.S. Environmental Protection Agency (EPA)

Everyone Will Benefit from Cleanup of Westwood Site
The Buffalo News | Apr. 24 | Brownfield Financing | State Finance Program

Adams County, CO Officials Approve $172K Brownfield Assessment
The Westminster Window | Apr. 20 | Brownfield Financing | U.S. Environmental Protection Agency (EPA)

OH GFOA News and Updates
Ohio GFOA | Apr. 12 | Access to Capital | Brownfield Financing


Highlights from the Online Resource Database

CDFA Brownfields Financing Webinar Series: Reaching Your Redevelopment Goals with Brownfields Revolving Loan Funds
Brownfield Financing | Revolving Loan Funds (RLFs) | U.S. Environmental Protection Agency (EPA) | Webcasts
As part of the CDFA Brownfields Technical Assistance Program, the fifth installment of the Brownfields Financing Webinar Series highlights the key features of a successful Brownfield Revolving Loan Fund and the commonalities and challenges associated with implementing this underutilized financing resource. Learn how even the most challenged or understaffed communities can implement Revolving Loan Fund loans and sub-grants.


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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