EPA Brownfields Revolving Loan Fund

Brownfields are defined as real property where the expansion, redevelopment, or reuse may be complicated by the presence or potential presence of contamination.

In 2012, the Wasatch Brownfields Coalition was awarded $1 million dollars to be used as capital in an EPA Brownfields Revolving Loan Fund (RLF).

These funds, in the form of low interest loans and grants, are made available to eligible private, public, and nonprofit entities seeking to cleanup and redevelop brownfield* sites throughout Salt Lake County and Ogden city.

Community & Economic Importance of Redeveloping Brownfield Sites

As underdeveloped lands -- greenfields -- continue to disappear, there is a need to redevelop and reuse brownfield sites that often already have buildings, infrastructure, and access to transportation resources in place.

Redeveloping a brownfield site can revitalize a neighborhood by:

• Creating jobs,
• Increasing the tax base,
• Mitigating threats to human health and the environment, and
• Reducing blight.

Eyesores such as old, abandoned gas stations or dilapidated factories can be transformed into productive commercial and industrial parks, vibrant recreation areas, residential space, or other needed amenities. It is estimated that for every $1 spent on brownfields cleanup activities, cities and states produce or leverage $2.48 in private investment.  And for every acre of brownfield redevelopment, 4.5 acres of greenfields are preserved.

• Fact Sheet 
• Policies & Procedures
• Interlocal Agreement
• Loan Board