Mayor Jeremy Stutsman is pleased to announce the creation of a new Brownfield Cleanup Revolving Loan Fund Program, which will help with the assessment, remediation and redevelopment of potential brownfield properties.
Grant and loan money (maximum of $500,000 per grant or loan), is now available for developers in both the private and public sector who own, lease or have a purchase agreement in place for a brownfield property and who desire to assess or remediate it.
Examples of what the fund may be used for are the cleanup of brownfield sites, environmental assessments, area-wide planning for brownfield-impacted neighborhoods and corridors, outreach and community engagement, and remedial action and cleanup activities necessary to protect human health and the environment in connection the redevelopment of a brownfield property.
A full copy of the Policy and Procedure Manual can be found at the Department of Community Development, 204 E. Jefferson St., and at goshenindiana.org/redevelopment.
Funding comes from a $1 million grant from the US Environmental Protection Agency for establishing the program. An advisory committee has been formed to review applications and make recommendations to the Goshen Board of Public Works, which will oversee the program. The committee members, appointed by Mayor Stutsman, will be a member of City staff, Vince Turner and Daragh Deegan.
Administrative work will be completed by the Department of Community Development Staff.
“Goshen Community Development staff will provide technical assistance to guide property owners through the process,” said Mark Brinson, Director of Community Development. “Goshen has a proven record of developing brownfield sites and this fund is another tool we can use to attract quality development projects to our community.”