FUNDS FOR REDEVELOPING BROWNFIELDS

April 2, 2015 Clarksdale MS

CENTER FOR CREATIVE LAND RECYCLING

• Workshops •  Brownfields 101 & Funding •  Custom

•  Technical Assistance: EPA TAB grantee •  Liability •  Grant review •  Outreach

•  Policy & Research • Consulting • Online at www.cclr.org

Sarah Sieloff sarah.sieloff@cclr.org

415.398.1080

STRATEGIES FOR EFFECTIVE BROWNFIELDS PROJECTS & PROGRAMS

• Community: Obtain community leadership support, convene stakeholders, address concerns, incorporate plans

•  Technical: Collect & analyze good information • Regulatory: Coordinate with regulatory agencies;

develop assessment, legal & acquisition strategies •  Financial: Obtain planning, site assessment &

remediation funds – loans & grants. Consider Federal & state programs for infrastructure & economic development.

Seed funding & assistance to local government & communities are available through various programs.

LEVERAGING MULTIPLE SOURCES • Brownfields activities as a percentage of

expenses • Successful projects take time • Don’t need all the money at once • Consider all sources:

•  Public: other federal, state & local grants/loans, tax exempt and taxable bond financing, local levy funds

•  Private: bank/other institution loans, investor’s equity, tax credits

•  In-kind: staff salary/benefits, volunteer hours, equipment, building space

• Money attracts money; success breeds success

PLAN & PRIORITIZE •  Grant funding cycles •  Funding agency priorities •  Economic or community development needs

•  Planning •  Infrastructure •  Redevelopment & jobs >>>>>

•  Grant & development teams •  Political & community support •  Planning & zoning consistency •  Entitlements & permits •  Planning & construction schedule

˃  Commercial/industrial ˃  Housing ˃  Open space

FEDERAL FUNDING & TECHNICAL ASSISTANCE SOURCES •  Environmental Protection Agency (EPA) • Housing & Urban Development (HUD) • Department of Transportation (DOT) •  Economic Development Administration (EDA) • Department of Agriculture • Department of Energy •  Army Corps of Engineers • Who to contact?

•  Formula grants/loans: Mississippi Development Authority, Delta Regional Authority, planning/ economic development district, metropolitan planning organization or council of government

•  Discretionary grants/loans: contact directly

EPA’S BROWNFIELD PROGRAM

1.  Redevelopment Program

2.  NOT Enforcement Program

3.  Grants & Technical Assistance

Talk to EPA, MDEQ/ADEQ & CCLR early Clear project

concept Diverse project

partners 7

ELIGIBILITY • Applicant

•  Governmental Entities •  Tribes •  Non-Profits (4 of 6 programs)

• Site •  Privately or publicly held

property •  Grant recipient cannot be

responsible for contamination •  Private property owner can be

responsible for contamination

Targeted Brownfields

Assessments

Area-Wide Planning

Assessment Grants

Cleanup Grants

Revolving Loan Fund

Grants

Job Training Grants

TARGETED BROWNFIELDS ASSESSMENT

• Rolling Applications • Contractor Assistance •  Easy First Step •  Small scale •  Petroleum or

Hazardous Substances sites

9 9999999999999999999999999999999999999999999999

Pelican Landing Conference Center, Moss Point MS

ASSESSMENT GRANTS

10

$400,000 EPA community-wide assessment grant McComb City Hospital

•  Fall 2015 •  Community Wide

•  $200K each for petroleum & hazardous substances

•  Site Specific: •  $200K-$350K

•  Coalition •  $600K

•  Strategies for small & rural communities

CLEANUP GRANTS •  Fall 2015 •  $200K per site, up to $600K •  20% match •  Fee Simple Ownership • Government or Nonprofit

11 Former Nashville Metropolitan General Hospital 111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111 Flatbranch Park, Columbia MO

REVOLVING LOAN FUND • Fall 2015 – (Biannual) • $1Million • For cleanup subgrants & loans • Loan amount & interest returns to grantee • Strategies for small & rural communities

12

Former Freight Depot to Community Food Center

Missoula MT 11111111111111111111111112222222222222222222222

o rr TT Missoula MT

AREA WIDE PLANNING •  2016 or 2017 •  $200,000 •  Planning for Brownfields Redevelopment

Louisville KY (2013) •  Area-wide plan &

implementation strategy for the Central Rail Corridor - a blend of large institutions, small neighborhoods, and historic landmarks

•  Consortium of city, university, business, neighbors, consultants

13 http://louisville.edu/cepm/projects/brownfields-and-safe-soil/germantown/grc-presentation-oct-23

WORKFORCE DEVELOPMENT • $200,000 – no match • Workforce Training • Govt. & Nonprofit • Environmental

Technician • Health & Safety •  Tailored training to market

demand •  Hazardous Cleanup •  Lead/Asbestos Abatement •  Solar Installation, etc.

14 144444444444444444

SAU Tech, Camden AR Memphis Bioworks; TN

Enterprise Center Chattanooga TN

PREPARING FOR A GRANT PROPOSAL?

•  You? Grant writer? Consultants? •  Significant work effort

•  15 pages •  Commitment Letters •  Public Notice

•  Key points •  Partnerships •  Leveraging •  Fit with “big picture” •  Sustainability

•  Contact early •  MDEQ/ADEQ •  CCLR

OTHER EPA RESOURCES • Sustainable

Communities • Green

Infrastructure • Green Building • Re-Powering

America’s Lands • HUD-DOT-EPA

Partnership

16

U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

Minville Mansions Knoxville TN

Waynesboro, VA Downtown Facade

Community Development Block Grants

Section 108 Loan Guarantee In the Fall •  Choice Neighborhoods •  National Resource

Network (NRN) •  Promise Zones

Court Square Center, Memphis

US ARMY CORPS OF ENGINEERS

•  With the Riverfront Development Corporation (RDC) & Memphis | Shelby County Community Redevelopment Agency

•  Identify potential long-term public & private improvements to promote an active, sustainable, safe and desirable Uptown West area

U.S. ECONOMIC DEVELOPMENT ADMINISTRATION (EDA)

•  Grants to local government & non-profits in areas of severe economic distress •  Targets attraction of private capital investment and to create higher-skill, higher-wage

jobs •  Locally-developed, regionally-based economic initiatives that contribute to economic

growth & regional competitiveness, innovation & entrepreneurship.

Delta State University, Cleveland MS

Programs: •  Physical infrastructure upgrades (Public

Works/Economic Adjustment) •  Reuse of publicly owned buildings (Public

Works/Economic Adjustment) •  Brownfield Inventories/Redevelopment

Plans (Planning) •  Site-specific market feasibility studies

(Planning/Local Technical Assistance) •  Capitalization of Revolving Loan Funds

(Economic Adjustment)

Industrial Park, Puckett MS

U.S. DEPT. OF AGRICULTURE RURAL DEVELOPMENT

•  Community Facilities Loans & Grants •  Health care, public safety, public

buildings, cultural & education, energy transmission/distribution; transportation

•  Public entities – population <20,000

•  Water & Environmental Loans & Grants

•  Water & Wastewater infrastructure - new & replacement

•  Public entities – population <10,000; municipalities, counties & special purpose districts, nonprofits & tribes

•  Energy, Housing and Business Development

Byhalla City Hall

Swift Museum, Rogersville TN Renovation

STATE, LOCAL, AND PRIVATE FUNDING SOURCES

• MS Development Authority • AR

•  Economic Development Commission •  Rural Development Services

• New Market Tax Credits • TIF/PID • Historic Tax Credits • Foundations

NMTC: QUALIFIED AREAS & PROJECTS

Resinall Corp Hattiesburg MS

Delta Memorial Hospital Dumas AR

Tax incentive for private sector investment to projects and businesses in low-income communities

Eligible Severely Distressed Primary Severely Distressed Secondary Not Eligible

pppp SSSSS alllll RRRRRR

LOCAL & OTHER TOOLS • Historic Tax Credits

•  Incentives to invest in qualified historic buildings • Foundations • Tax Increment Financing (TIF)

•  Leverage future property value & taxes for eligible expenses such as planning, acquisition & infrastructure

•  Financing based on future increased tax revenue • Public Improvement Districts (PID)

•  Political subdivision in MS that can be established to fund infrastructure using tax exempt bonds

•  Financing based on current or future property value

Admiral Building, Kansas City MO REA, Sacramento CA

Triangle Biotech, Durham NC Dalton Bldg, Rock Hill SC Masonic Temple, Wyandotte MI

FOUNDATIONS - STRATEGIES • Capital & planning grants • Understand how foundation’s

grants fit into applicant’s financing strategy

• Demonstrate how organization’s project will meet foundation’s objectives

•  Best for jump-starting a project/program

• Demonstrate capacity and organization

Southern Place Apartments, Helena AR

Mississippi Arts & Entertainment Center, Meridian MS

CASE STUDIES

RLF & TIF Hillsboro OR Hillsboro OR

EPA ARC & Foundations Vernonia OR

TAX INCREMENT FINANCING $

Prop

erty

Tax

Time

Tax Increment

Base Year

$ to current taxing

districts

$ to redevelopment authority

A

B

INTERTECH SCIENCE PARK SHREVEPORT, LA

•  DOT - $0.2M •  HUD - $2M •  EDA - $1.3M •  EPA - $1M •  State •  Private •  $44 Million investment for planning,

construction & redevelopment since 2002 •  25 companies •  370 employees •  Annual payroll $18M M

WORDS OF WISDOM

• Building a team • Patience,

Partnerships, Perseverance

• Planning early • Mix & match

financial and planning incentives

• Take Risks