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PROPOSALS SOUGHT FOR BROWNFIELDS CLEANUP REVOLVING LOAN FUND PILOTS

Release Date: 11/04/99
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FOR RELEASE: THURSDAY, NOVEMBER 4, 1999
PROPOSALS SOUGHT FOR BROWNFIELDS CLEANUP
REVOLVING LOAN FUND PILOTS


EPA is accepting proposals for Brownfields Cleanup Revolving Loan Fund Pilots until Feb. 7, 2000. The pilots, which are funded up to $500,000, test cleanup and redevelopment planning models, direct special efforts toward removing regulatory barriers without sacrificing protectiveness and facilitate coordinated environmental cleanup and redevelopment efforts at the federal, state and local levels. EPA will select up to 70 additional Brownfields Cleanup Revolving Loan Fund Pilots by March 2000. The pilots will be selected on a competitive basis. Selection criteria are outlined in the newly revised guidelines, "The Brownfields Economic Redevelopment Initiative: Proposal Guidelines for Brownfields Cleanup Revolving Loan Fund (November 1999)." Copies of the document are available at: http://www.epa.gov/brownfields/. or from the Superfund Hotline at 1-800-424-9346 or 703-412-9810.

R-137 ###