News Releases from Region 02
EPA Provides $200,000 to Clean Up and Revitalize Contaminated Property in Rochester, New York
(New York, N.Y. – July 12, 2016) The U.S. Environmental Protection Agency is providing $200,000 to Rochester to clean up an abandoned and contaminated property. The funding is being awarded under the EPA’s brownfields program, which helps communities assess, clean up, redevelop and reuse properties at which moderate contamination threatens environmental quality and public health and can interfere with redevelopment.
“Cleaning up brownfields sites allows abandoned and contaminated sites to be put to good use as parks, new housing and businesses,” said EPA Regional Administrator Judith A. Enck. “This funding will help create jobs while protecting the health of area residents and improving the environment."
Revolving loan funds supply money for grant recipients to provide loans and sub-grants to carry out cleanup activities at brownfield sites. When these loans are repaid, the loan amounts are then returned into the fund and re-loaned to other borrowers. This provides an ongoing source of money as the funds are redistributed to other parties.
Rochester will receive $200,000 for the cleanup of a site located in a New York State En-zone. The specific site has not yet been finalized, but En-zones are census tracts that meet certain poverty and unemployment criteria. Cleanup activities are expected to help with the continued manufacturing use at the site and will afford opportunities for future redevelopment and investment.
There are an estimated 450,000 abandoned and contaminated sites in the U.S. Since the inception of the EPA’s Brownfields program in 1995, cumulative investments have leveraged nearly $21 billion from a variety of public and private sources for cleanup and redevelopment activities. These investments have resulted in nearly 109,000 jobs nationwide. A recent study shows that residential property values increased 5-15 percent near brownfield sites when cleanups were completed. Preliminary analysis of 48 brownfield sites shows that an estimated $29 to $97 million in additional tax revenue was generated for local governments in a single year after cleanup. This is two to seven times more than the $12.4 million the EPA contributed to the cleanup of those sites.
Information on grant recipients can be found at: http://epa.gov/brownfields.