EPA Sets Brownfield Grants

The federal Environmental Protection Agency announced Friday that Atlanta and 23 other communities would receive a grant under the Brownfields Area-Wide Planning Pilot Program.

City officials and the Atlanta Development Authority submitted a proposal to EPA earlier this year.

“This grant will provide about $175,000 to assess contaminated sites in need of cleanup that are a hindrance to economic development and develop a plan,” said Charles Whatley, the ADA’s commerce director. “It is our expectation that once a plan is in place, we will be able to apply for additional federal dollars to help with the actual remediation of these sites.”

The plan will address brownfield sites in and around three tax-allocation districts — the Atlanta BeltLine, Campbellton Road, and Metropolitan Parkway.

The remediation plan eventually will lead to assessments, cleanup, and reuse of brownfields that will spur commercial, industrial, residential, and green-space redevelopment. TADs provide tax-increment financing for bond or cash financing of projects.

The ADA is the Atlanta’s economic development agency.

For reprint and licensing requests for this article, click here.
MORE FROM BOND BUYER