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 $1,000,000 Cooperative Agreement awarded by the U.S. Environmental Protection Agency (EPA) under the Brownfields Multipurpose, Assessment, Revolving Loan Fund, and Cleanup Cooperative Agreements program (CFDA 66.818) will provide funding to the Syracuse Economic Development Corporation (SEDCO) to capitalize a Revolving Loan Fund. The purpose is to make loans and subgrants for the cleanup of 3-5 brownfield sites in Syracuse, New York. SEDCO will also procure a qualified environmental professional to oversee the site activities, create community involvement plans and administrative records, and report on program income, progress, and accomplishments. The award will benefit residents, business owners, and other stakeholders in the Syracuse area.

This agreement will provide funding under the infrastructure investment and jobs act (IIJA) for syracuse economic development corporation (sedco) to capitalize a revolving loan fund as authorized by cercla 104(k)(3) in syracuse, new york. 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:2-3 loans and 1-2 subgrants will be administered by the revolving loan fund (RLF) program to be used toward the cleanup of a total of 3-5 sites.outcomes:further, the recipient will issue approximately three (3) loans and two (2) subgrants to remediate five (5) brownfield site(s); anticipates holding several community meetings, finalizing one (1) analysis of brownfield cleanup alternatives for each subaward site, and submitting twenty (20) quarterly reports. Work conducted under this agreement will benefit the residents, business owners, and stakeholders in and near syracuse, new york.