Brownfields are real property, the expansion, development or reuse of which may be complicated by the presence or potential presence of a hazardous substance, pollutant, or contaminant

This agreement will provide funding for columbia pacific economic development district (COLPAC) to capitalize a revolving loan fund as authorized by cercla 104(K)(3) in clatsop, columbia, and tillamook counties and the western part of washington county.activities:specifically, this agreement will provide funding for the recipient to capitalize a revolving loan fund from which to make loans and subgrants to clean up brownfield site(S) and conduct other necessary activities to prudently manage the RLF. Additionally, the recipient will competitively procure (as needed) and direct a qualified environmental professional to oversee the environmental site activities, will create a community involvement plan and administrative record for each site that is remediated, and will report on program income, interim progress, and final accomplishments by completing and submitting relevant portions of the property profile form and brownfields RLF form using EPA's assessment, cleanup and redevelopment exchange system (ACRES). Subrecipient:$290,000 in subgrant funds. Subgrants may be awarded to public or non-profit borrowers after consideration of the borrower's fiscal solvency and the nature of the project. Outcomes:further, the recipient will issue approximately 10 loans and 8 subgrants to remediate brownfield site(S); anticipates holding community meetings, finalizing analysis of brownfield cleanup alternatives, and submitting 20 quarterly reports. Work conducted under this agreement will benefit the residents, business owners, and stakeholders in and near clatsop, columbia, and tillamook counties and the western part of washington county oregon.