This assistance agreement provides full federal funding in the amount of $1,000,000

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 under the infrastructure investment and jobs act for the city of fresno, california to RE-capitalize a revolving loan fund as authorized by cercla 104(k)(5)(a)(II) in the city of fresno, california.activities:this agreement will provide funding for the recipient to RE-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 and will create a community involvement plan and administrative record for each site that is remediated. The recipient 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:the primary goal of the supplemental RFL is to continue to leverage resources for several city departments and private developers throughout the city of fresno. The loans will be available citywide and used as a funding tool for multiple city departments. The city's planning and development department will work closely with the code enforcement department to administer loans on contaminated sites and with the economic development department as a resource for potential development projects. The strategy will be to use the city's existing EPA brownfields communitywide assessment grant to eliminate uncertainties (over regulated building materials abatement costs, market demand, etc.) that are impeding developers from securing funding to move forward with redevelopment or reuse of high-opportunity sites, and then to have RLF funding available to help fund the sometimes difficult to finance initial abatement and cleanup work.outcomes:the recipient will issue approximately 1-4+ loans and 1-2 subgrants to remediate 2-6+ brownfield site(s); anticipates holding 10 community meetings, finalizing multiple analyses 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 fresno, california.