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TO: Wesley Prater, Chair Ways and Means Committee THROUGH: Robert E. Grendel County Administrator FROM: Patricia Denis, Brownfield Redevelopment Management Analyst Department of Planning and Environment

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What is brownfield redevelopment revolving loan?

The brownfield redevelopment revolving loan is a type of financing provided to support the cleanup and redevelopment of contaminated or abandoned properties, known as brownfields.

Who is required to file brownfield redevelopment revolving loan?

Property owners or developers who are seeking financial assistance for the cleanup and redevelopment of brownfield sites are required to file for the brownfield redevelopment revolving loan.

How to fill out brownfield redevelopment revolving loan?

To fill out the brownfield redevelopment revolving loan, applicants need to provide detailed information about the brownfield site, including its current condition, proposed redevelopment plans, estimated cleanup costs, and other relevant financial and environmental details. They may also need to provide supporting documents and undergo a review process by the relevant authorities.

What is the purpose of brownfield redevelopment revolving loan?

The purpose of the brownfield redevelopment revolving loan is to provide financial assistance to support the cleanup and redevelopment of contaminated or abandoned properties, thereby promoting economic development, environmental sustainability, and revitalization of communities.

What information must be reported on brownfield redevelopment revolving loan?

The brownfield redevelopment revolving loan typically requires the reporting of detailed information about the brownfield site, including its current condition, proposed redevelopment plans, estimated cleanup costs, projected economic benefits, environmental impact assessments, and other relevant financial and environmental details.

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