[Federal Register Volume 64, Number 196 (Tuesday, October 12, 1999)]
[Notices]
[Pages 55302-55303]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 99-26505]
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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
[Docket No. FR-4410-FA-09]
Announcement of Funding Awards for the Brownfields Economic
Development Initiative Program; Fiscal Year 1999
AGENCY: Office of the Assistant Secretary for Community Planning and
Development, HUD.
ACTION: Notice of funding awards.
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SUMMARY: In accordance with section 102 (a)(4)(C) of the Department of
Housing and Urban Development Reform Act of 1989, this announcement
notifies the public of funding decisions made by the Department in a
competition for funding under the Super Notice of Funding Availability
(SuperNOFA) for the Brownfields Economic Development Initiative (BEDI)
Program. This announcement contains the names of the awardees and the
amounts of the awards made available by HUD.
FOR FURTHER INFORMATION CONTACT: Mr. Donner Buchet, Director, Community
and Economic Development Services, Office of Community Planning and
Development, 451 7th Street, SW, Washington, DC 20410; telephone (202)
708-2290 (this is not a toll-free number). Hearing- and speech-impaired
persons may access this number via TTY by calling the Federal Relay
Service toll-free at 1-800-877-8339. For general information on this
and other HUD programs, call Community Connections at 1-800-998-9999 or
visit the HUD Website at http://www.hud.gov.
SUPPLEMENTARY INFORMATION: The Brownfields Economic Development
Initiative (BEDI) program was enacted in 1998 and is intended to
complement and enhance the Section 108 Loan Guarantee program. The BEDI
program is authorized under Section 108(q), Title I, Housing and
Community Development Act of 1974, as amended, (42 U.S.C. 5301-5320)
(the Act); 24 CFR part 570. The competition was announced in the
SuperNOFA published in the Federal Register on February 26, 1999 (64 FR
9801). Applications were rated and selected for funding on the basis of
selection criteria contained in that Notice.
BEDI is designed to help cities redevelop abandoned, idled, or
underutilized industrial and commercial facilities where expansion or
redevelopment is complicated by real or perceived environmental
contamination. BEDI provides funding to local governments to be used in
conjunction with Section 108 loan guarantees to finance redevelopment
of brownfield sites. The purpose of BEDI grant funds is to minimize the
potential loss of future CDBG allocations by: strengthening the
economic feasibility of the projects financed with Section 108 funds;
directly enhancing the security of the guaranteed loan; or through a
combination of these or other risk mitigation techniques. BEDI and
Section 108 loan guarantee funds are intended to finance projects and
activities that will provide near-term results and demonstrable
economic
[[Page 55303]]
benefits, such as job creation and increases in the local tax base.
The Catalog of Federal Domestic Assistance number for this program
is 14.246.
A total of $25,000,000 was awarded to 21 projects nationwide. In
accordance with section 102(a)(4)(C) of the Department of Housing and
Urban Development Reform Act of 1989 (103 Stat. 1987. 42 U.S.C. 3545),
the Department is publishing the grantees and amounts of the awards in
Appendix A to this document.
Dated: October 5, 1999.
Cardell Cooper,
Assistant Secretary for Community Planning and Development.
Appendix A--List of Awardees for Grant Assistance Under the FY 1999
Brownfields Economic Development Initiative Program Funding Competition
by Name and Address
Arizona
City of Phoenix
Office of Environmental Programs
200 W. Washington Street, 14th Floor
Phoenix, AZ 85003
Project: East Washington Fluff Project
Grant Amount: $1,210,000
California
City of Los Angeles
Mayor's Office of Economic Development
200 N. Main Street Room 800
Los Angeles, CA 90012
Project: Cornfield Site/River Station Industrial Park
Grant Amount: $1,250,000
City of Richmond
Richmond Redevelopment Agency 330 25th Street
Richmond, CA 94804
Project: Ford Point Cyber Village
Grant Amount: $1,500,000
Los Angeles County
2 Coral Circle
Monterey Park, CA 91755
Project: Golden Springs Business Center
Grant Amount: $1,750,000
Connecticut
City of New Haven
165 Church Street
New Haven, CT 06510
Project: Clock Factory Redevelopment Project
Grant Amount: $490,000
Florida
City of St. Petersburg
Economic Development and Property Management
1 Fourth Street North, 9th Floor
St. Petersburg, FL 33701
Project: Dome Industrial Park Pilot Project
Grant Amount: $1,000,000
Dade County
Office of Community and Economic Development
111 NW 1st Street, 29th Floor
Miami, FL 33169
Project: Brownfields Revolving Loan Fund
Grant Amount: $1,750,000
Louisiana
City of New Orleans
Office of Urban Development
1300 Perdido
New Orleans, LA 70112
Project: American Can Renewal Project
Grant Amount: $1,000,000
City of Shreveport
1234 Texas Avenue, P.O. Box 31109
Shreveport, LA 71130
Project: Shreve Square Development in the Cross Bayou/Riverfront
Development District
Grant Amount: $1,000,000
Maryland
City of Baltimore
Department of Housing and Community Development
417 E. Fayette Street, 13th Floor
Baltimore, MD 21202
Project: Chesapeake Business Center
Grant Amount: $975,000
Massachusetts
City of Boston
Boston Redevelopment Agency
One City Hall Plaza
Boston, MA 02114
Project: Modern Electroplating Brownfields Project
Grant Amount: $1,750,000
City of Everett
Mystic Valley Development Corporation
484 Broadway
Everett, MA 02149
Project: Telecom City Advanced Manufacturing Center
Grant Amount: $1,200,000
New Jersey
City of Jersey City
Department of Housing, Economic Development and Commerce
280 Grove Street
Jersey City, NJ 07302
Project: Morris Canal Industrial Park
Grant Amount: $1,750,000
New York
City of Rochester
Economic Development Department
30 Church Street, Room 005A
Rochester, NY 14614
Project: Germanow-Simon Expansion
Grant Amount: $500,000
City of Syracuse
Office of Community and Economic Development
219 City Hall
233 E. Washington Street
Syracuse, NY 13202
Project: Winkleman Site Redevelopment/Crossroads Industrial Park
Grant Amount: $875,000
City of Yonkers
Office of Economic Development
City Hall Room 32
Yonkers, NY 10701
Project: Nepperhan Valley Biotechnology Center
Grant Amount: $1,000,000
North Carolina
City of Winston-Salem
Business Development Office
P.O. Box 2511
Winston-Salem, NC 27102
Project: Airport Business Park
Grant Amount: $1,000,000
Ohio
City of Lorain
Department of Community Development
200 West Erie Avenue
Lorain, OH 44052
Project: Colorado Industrial Park Expansion
Grant Amount: $500,000
Oklahoma
City of Oklahoma City
Public Works Department
420 West Main, Suite 700
Oklahoma City, OK 73102
Project: National American Cultural and Educational Center
Grant Amount: $1,750,000
Washington
City of Seattle
Office of Economic Development
600 Fourth Avenue
Seattle, WA 98104
Project: Rainier Court Shopping Center
Grant Amount: $1,750,000
West Virginia
City of Wheeling
Economic and Community Development Department
1500 Chapline Street
Wheeling, WV 26003
Project: Celeron Plaza Project
Grant Amount: $1,000,000
[FR Doc. 99-26505 Filed 10-8-99; 8:45 am]
BILLING CODE 4210-29-P
