The City of Taylor Office of Economic and Development Services on behalf of the Taylor Brownfield Redevelopment Authority (BRDA) is applying for Revolving Loan Funding from EPA Brownfield Grant Funds.
The Taylor BRDA is submitting a request for funding to the U.S. Environmental Protection Agency (EPA) for a Brownfield Revolving Loan Grant. Under the authority of the Small Business Liability Relief and Brownfields Revitalization Act of 2002, the EPA has made funds available to states, tribes and communities to promote site assessment, perform environmental cleanup and enhance redevelopment opportunities at brownfield properties. Brownfields are abandoned, idled or underused industrial and commercial facilities where expansion or redevelopment is complicated by real or perceived environmental contamination.
The Taylor BRDA was a successful grant applicant nationwide in 2002 and received a $1 million EPA Brownfield Grant to capitalize on a new Brownfield Cleanup Revolving Loan (BCRL) Program. The Taylor BRDA is now applying for an additional $1 million grant to further capitalize the BCRL Program. If funded, the Taylor BRDA will be soliciting applications for loans from developers for the new BCRL Program during the summer of 2007.
The Taylor BRDA’s draft application for funding will be available for public review after December 4, 2006, at the City of Taylor’s Office of Economic and Development Services at City Hall. The proposals are due to the EPA by December 8, 2006. Requests for copies of the draft application, comments and letters of support are welcome and may be sent to: Megan Etue, Special Projects Manager, 23555 Goddard, Taylor, MI 48180, or by e-mail to firstname.lastname@example.org. Additional information on the EPA Brownfield Grant Program may be found on the EPA’s web page at www.epa.gov/brownfields.