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

The Environmental Protection Agency Region 7 awarded the St. Louis Development Corporation a $1.2 million cooperative agreement under the Brownfields Multipurpose, Assessment, Revolving Loan Fund, and Cleanup Cooperative Agreements program (CFDA 66.818) to capitalize a revolving loan fund for brownfield remediation and redevelopment activities in St. Louis, Missouri from October 1, 2022 to September 30, 2027. Through the award, the recipient will provide loans and subgrants to fund the cleanup and assessment of approximately four contaminated brownfield sites. Specific activities include overseeing environmental site work, developing community involvement plans, and submitting quarterly progress reports. The revolving loan fund is also expected to issue around $4 loans to remediate sites and facilitate at least four community meetings. The brownfield assessment and cleanup activities supported under this cooperative agreement are intended to benefit local residents, businesses and stakeholders in St. Louis.

This agreement will provide funding for the ST. Louis development corporation to capitalize a revolving loan fund as authorized by cercla 104(k)(3) in the city of ST. Louis, missouri. 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 revolving loan fund (RLF). Additionally, the recipient may competitively procure 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:subawards will be made in the form of loans or subgrants to eligible entities cercla 104(k)(1), which includes certain nonprofits, to fund cleanup and related community engagement activities at eligible brownfields within the boundaries of the revolving loan fund program (the city of ST. Louis, missouri). Outcomes:further, the recipient will issue approximately four loans to remediate four brownfield site; anticipates holding at least four community meetings, finalizing four 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 the city of ST. Louis, missouri.