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FUNDS FOR REDEVELOPING BROWNFIELDS April 22, 2015 Phoenix AZ

FUNDSFOR REDEVELOPING BROWNFIELDS - Ignacio Dayrit.pdf · • Brownfields 101 & Funding • Custom • Technical Assistance: EPA TAB grantee • Liability ... remediation funds –

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Page 1: FUNDSFOR REDEVELOPING BROWNFIELDS - Ignacio Dayrit.pdf · • Brownfields 101 & Funding • Custom • Technical Assistance: EPA TAB grantee • Liability ... remediation funds –

FUNDS FOR REDEVELOPINGBROWNFIELDS

April 22, 2015Phoenix AZ

Page 2: FUNDSFOR REDEVELOPING BROWNFIELDS - Ignacio Dayrit.pdf · • Brownfields 101 & Funding • Custom • Technical Assistance: EPA TAB grantee • Liability ... remediation funds –

CENTER FOR CREATIVE LAND RECYCLING

• Workshops• Brownfields 101 & Funding• Custom

• Technical Assistance: EPA TAB grantee• Liability• Grant review• Outreach

• Policy & Research• Consulting• Online at www.cclr.org

Ignacio [email protected]

415.398.1080

Page 3: FUNDSFOR REDEVELOPING BROWNFIELDS - Ignacio Dayrit.pdf · • Brownfields 101 & Funding • Custom • Technical Assistance: EPA TAB grantee • Liability ... remediation funds –

STRATEGIES FOR EFFECTIVE BROWNFIELDSPROJECTS & PROGRAMS

• Community: Obtain community leadership support, convene stakeholders, address concerns, incorporate plans

• Technical: Collect & analyze good information• Regulatory: Coordinate with regulatory agencies;

develop assessment, legal & acquisition strategies• Financial: Obtain planning, site assessment &

remediation funds – loans & grants. Consider Federal & state programs for infrastructure & economic development.

Seed funding & assistance to local government & communities are available through various programs.

Page 4: FUNDSFOR REDEVELOPING BROWNFIELDS - Ignacio Dayrit.pdf · • Brownfields 101 & Funding • Custom • Technical Assistance: EPA TAB grantee • Liability ... remediation funds –

LEVERAGING MULTIPLE SOURCES

• Brownfields activities as a percentage of expenses• Successful projects take a long time• Don’t need all the money at once• Consider all sources:

• Public: other federal, state & local grants/loans, tax exempt and taxable bond financing, local levy funds

• Private: bank/other institution loans, investor’s equity, tax credits

• In-kind: staff salary/benefits, volunteer hours, equipment, building space

• Money attracts money; success breeds success

Page 5: FUNDSFOR REDEVELOPING BROWNFIELDS - Ignacio Dayrit.pdf · • Brownfields 101 & Funding • Custom • Technical Assistance: EPA TAB grantee • Liability ... remediation funds –

PLAN & PRIORITIZE

• Grant funding cycles• Funding agency priorities• Economic or community development needs

• Planning• Infrastructure• Redevelopment & jobs >>>>>

• Grant & development teams• Political & community support• Planning & zoning consistency• Entitlements & permits• Planning & construction schedule

˃ Commercial/industrial˃ Housing˃ Open space

Page 6: FUNDSFOR REDEVELOPING BROWNFIELDS - Ignacio Dayrit.pdf · • Brownfields 101 & Funding • Custom • Technical Assistance: EPA TAB grantee • Liability ... remediation funds –

FEDERAL FUNDING & TECHNICALASSISTANCE SOURCES

• Environmental Protection Agency (EPA)• Housing & Urban Development (HUD)• Department of Transportation (DOT)• Economic Development Administration (EDA)• Department of Agriculture• Department of Energy• Army Corps of Engineers• Who to contact?

• Formula grants/loans: Arizona ACA, DOH, etc. , planning/ economic development district, metropolitan planning organization or council of government

• Discretionary grants/loans: contact directly

Page 7: FUNDSFOR REDEVELOPING BROWNFIELDS - Ignacio Dayrit.pdf · • Brownfields 101 & Funding • Custom • Technical Assistance: EPA TAB grantee • Liability ... remediation funds –

U.S. DEPARTMENT OF HOUSINGAND URBAN DEVELOPMENT

Kingman Depot

• Community Development Block Grants• Section 108 Loan Guarantee• Choice Neighborhoods• Promise Zones

Maggie Gibson Plaza, Portland OR

Page 8: FUNDSFOR REDEVELOPING BROWNFIELDS - Ignacio Dayrit.pdf · • Brownfields 101 & Funding • Custom • Technical Assistance: EPA TAB grantee • Liability ... remediation funds –

U.S. ECONOMIC DEVELOPMENTADMINISTRATION (EDA)

• Grants to local government & non-profits in severe economic distress areas• Attraction of private investment and creation of high-skill, high-wage jobs• Locally-developed, regionally-based economic initiatives for economic

growth & regional competitiveness, innovation & entrepreneurship.

Programs:• Physical infrastructure upgrades (Public

Works/Economic Adjustment)• Reuse of publicly owned buildings (Public

Works/Economic Adjustment)• Brownfield Inventories/Redevelopment

Plans (Planning)• Site-specific market feasibility studies

(Planning/Local Technical Assistance)• Capitalization of Revolving Loan Funds

(Economic Adjustment)

Solar Zone at UA Tech Parks

Page 9: FUNDSFOR REDEVELOPING BROWNFIELDS - Ignacio Dayrit.pdf · • Brownfields 101 & Funding • Custom • Technical Assistance: EPA TAB grantee • Liability ... remediation funds –

U.S. DEPT. OF AGRICULTURERURAL DEVELOPMENT

• Loans & Grants• Community Facilities

• Health care, public safety, public buildings, cultural & education, energy transmission/distribution; transportation

• Public entities – population <20,000Sonoran Desert Retreat Center, Ajo• Water & Environmental

• Water & Wastewater - new & replacement

• Public entities – population <10,000; municipalities, counties & special purpose districts, nonprofits & tribes

• Energy, Housing & Business Development

Page 10: FUNDSFOR REDEVELOPING BROWNFIELDS - Ignacio Dayrit.pdf · • Brownfields 101 & Funding • Custom • Technical Assistance: EPA TAB grantee • Liability ... remediation funds –

DEPARTMENT OF TRANSPORTATIONFEDERAL TRANSPORTATION ADMINISTRATION

• Formula grants - work thru state MPOs,• DOT highway and transit construction programs can

support related revitalization by: • helping upgrade existing facilities• offer transportation amenities that improve access to – and

marketability of – sites• fund facilities and structures that serve as part of the remedial

solution

• Discretionary funds: TIGER grants: • May 4: Pre-application due• June 5: Application due

Page 11: FUNDSFOR REDEVELOPING BROWNFIELDS - Ignacio Dayrit.pdf · • Brownfields 101 & Funding • Custom • Technical Assistance: EPA TAB grantee • Liability ... remediation funds –

STATE, LOCAL, AND PRIVATE FUNDINGSOURCES

• Arizona Commerce Authority• Border Environment Cooperation Commission

(BECC)• New Market Tax Credits• Historic Tax Credits• Foundations

Page 12: FUNDSFOR REDEVELOPING BROWNFIELDS - Ignacio Dayrit.pdf · • Brownfields 101 & Funding • Custom • Technical Assistance: EPA TAB grantee • Liability ... remediation funds –

ARIZONA COMMERCE AUTHORITY

• Qualified Facility Tax Credit• For new or expanded facilities that create new jobs• Land, buildings, machinery, equipment and fixtures for

expansion of an existing qualified facility or establishment of a new qualified facility

io Data Center• Tax credit lesser of:

• 10% of the total qualified investment;

• $20,000 per qualified job created; or

• $30,000,000 per taxpayer.

Page 13: FUNDSFOR REDEVELOPING BROWNFIELDS - Ignacio Dayrit.pdf · • Brownfields 101 & Funding • Custom • Technical Assistance: EPA TAB grantee • Liability ... remediation funds –

BORDER ENVIRONMENT COOPERATIONCOMMISSION (BECC)

• Eligible communities must be located within ~62 miles north of the international boundary

• Technical assistance, capacity building, public participation, loans and grants, etc.

• Water supply* and conservation*• Wastewater treatment* and Solid waste management*• Air quality improvement• Clean and renewable energy• Energy efficiency• Industrial and hazardous waste• Public transportation

Rio Rico LandfillGas to Energy

Page 14: FUNDSFOR REDEVELOPING BROWNFIELDS - Ignacio Dayrit.pdf · • Brownfields 101 & Funding • Custom • Technical Assistance: EPA TAB grantee • Liability ... remediation funds –

NMTC: QUALIFIED AREAS & PROJECTS

Butterfly Wonderland,

Phoenix; One East

Broadway, Tucson

EligibleSeverely DistressedPrimarySeverely DistressedSecondaryNot Eligible

Page 15: FUNDSFOR REDEVELOPING BROWNFIELDS - Ignacio Dayrit.pdf · • Brownfields 101 & Funding • Custom • Technical Assistance: EPA TAB grantee • Liability ... remediation funds –

Admiral Building, Kansas City MOREA, Sacramento CA

Triangle Biotech, Durham NCDalton Bldg, Rock Hill SC Masonic Temple, Wyandotte MI

Page 16: FUNDSFOR REDEVELOPING BROWNFIELDS - Ignacio Dayrit.pdf · • Brownfields 101 & Funding • Custom • Technical Assistance: EPA TAB grantee • Liability ... remediation funds –

HISTORIC PRESERVATION

• National Trust for Historic Preservation• Funding for nonprofit organizations & federal, state, or

local government agencies• National Trust Preservation Funds• Johanna Favrot Fund for Historic Preservation• Fund for Historic Preservation

Dr. Lucius Charles Alston House, Mesa

• Cynthia Woods Mitchell Fund for Historic Interiors

• Hart Family Fund for Small Towns• Southwest Intervention Fund• National Trust Loan Fund (NTLF) • National Trust Community

Investment Corporation (NTCIC)

Page 17: FUNDSFOR REDEVELOPING BROWNFIELDS - Ignacio Dayrit.pdf · • Brownfields 101 & Funding • Custom • Technical Assistance: EPA TAB grantee • Liability ... remediation funds –

NATIONAL PARK SERVICE (NPS)ROUTE 66 CORRIDOR PRESERVATION PROGRAM

• Commissioned 1926 – 1985• Shortest all-weather highway linking

industrial Midwest to west coast covering eight states

• 2,400 miles long (~85% still drivable)• Private individuals, nonprofits,

government agencies• Preservation of transportation-related

properties - motels, gas stations, cafes, road segments and cultural landscapes

• Technical assistance and cost-share grants

Page 18: FUNDSFOR REDEVELOPING BROWNFIELDS - Ignacio Dayrit.pdf · • Brownfields 101 & Funding • Custom • Technical Assistance: EPA TAB grantee • Liability ... remediation funds –

FOUNDATIONS - STRATEGIES

• Capital & planning grants & loans

• Understand how foundation’s grants fit into applicant’s financing strategy

• Demonstrate how organization’s project will meet foundation’s objectives

• Best for jump-starting a project/program

• Demonstrate capacity and organization

Mariposa Pharmacy, Nogales