Congressman Sanford D. Bishop, Jr. (GA-02) is pleased to announce that The City of Albany, Georgia, has been awarded a total of $330,000 in Brownfields Revolving Loan Funding (RLF) grants from the U.S. Environmental Protection Agency (EPA) to help rehabilitate local properties.
“I’m excited to announce today’s EPA grant to Albany. This $330,000 will be used to help safely cleanup and reuse contaminated properties. This program is building back better by transforming environmentally damaged sites into resources our communities can reclaim,” said Rep. Bishop. “I’m grateful that Albany has this opportunity to partake in a program that has spurred environmental justice, facilitated job creation, and economic growth in communities across the country.”
Since 1995, EPA’s Brownfields Program has provided nearly $1.6 billion in Brownfield Grants to assess and clean up contaminated properties and return blighted properties to productive reuse. To date, this program has leveraged more than $34.5 billion in cleanup and redevelopment in communities, revitalizing local economies, improving tax bases, and creating more than 176,800 jobs across the country. Brownfield RLF grants enable funding for communities to provide loans and sub-grants for cleanup activities at brownfield sites. When loans are repaid, the loan amount is returned to the fund and re-lent to other borrowers, providing an ongoing source of capital within a community.
For more information on EPA’s Revolving Loan Fund program: https://www.epa.gov/brownfields/brownfields-revolving-loan-fund-rlf-grants
For more information on EPA’s Brownfields program: http://www.epa.gov/brownfields
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