2011 Revolving Loan Fund
EPA Brownfields Program
EPA's Brownfields Program empowers states, communities, and other stakeholders to work together to prevent, assess, safely clean up, and sustainably reuse brownfields. A brownfield site is real property, the expansion, redevelopment, or reuse of which may be complicated by the presence or potential presence of a hazardous substance, pollutant, or contaminant. In 2002, the Small Business Liability Relief and Brownfields Revitalization Act was passed to help states and communities around the country cleanup and revitalize brownfields sites. Under this law, EPA provides financial assistance to eligible applicants through four competitive grant programs: assessment grants, revolving loan fund grants, cleanup grants, and job training grants. Additionally, funding support is provided to state and tribal response programs through a separate mechanism.
Revolving Loan Fund Grant
$700,000 for hazardous substances
$300,000 for petroleum
EPA has selected the City of Kalispell for a brownfields revolving loan fund grant. The grant will be used to capitalize a revolving loan fund from which the City of Kalispell will provide loans and subgrants to support cleanup activities for sites contaminated with hazardous substances and petroleum. Grant funds also will be used to market the RLF, conduct cleanup planning and oversight, and support community involvement activities. The city anticipates funding three to five subgrants or loans.
The City of Kalispell was selected to receive a brownfields revolving loan fund grant. Located in northwestern Montana, Kalispell (population 19,524) will focus on its 369-acre Core Revitalization Area. This area generally follows the historic railroad tracks that once carried the Galloping Goose train, which brought goods to markets across the state. Many of the properties that once housed prospering businesses now stand vacant or underused. Residential uses are co-mingled with commercial and industrial uses, often with no buffers. There are 29 leaking underground storage tank facilities and an estimated 57 other brownfields in the area. The city's unemployment rate of 10.7 percent is significantly higher than the state rate. A revitalization plan developed in 2005 calls for removing the railroad tracks and creating a park and trail system. Cleanups conducted through the RLF grant are expected to facilitate the revitalization plan, which includes redevelopment of affordable housing and retail and light commercial businesses. Redevelopment is expected to provide jobs and increase tax revenues.
For further information, including specific grant contacts, additional grant information, brownfields news and events, and publications and links, visit the EPA Brownfields Web site (http://www.epa.gov/brownfields).
EPA Region 8 Brownfields Team
EPA Region 8 Brownfields Web site (http://www.epa.gov/region8/brownfields)
Grant Recipient: City of Kalispell, MT
The information presented in this fact sheet comes from the grant proposal; EPA cannot attest to the accuracy of this information. The cooperative agreement for the grant has not yet been negotiated. Therefore, activities described in this fact sheet are subject to change.