RI DEM Announces Over $6 Million Available to Fix RI's Brownfields Sites

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RI DEM Announces Over $6 Million Available to Fix RI's Brownfields Sites

RI DEM Director Janet Coit
The Rhode Island Department of Environmental Management (RI DEM) announced that there is over $6 million in funding available to clean up and redevelop brownfields sites throughout the state.

Brownfields Remediation and Economic Development Fund - $5 Million

A Request for Proposals opened on Tuesday with a deadline of December 1, 2017, for a new round of matching grants under the State’s Brownfields Remediation and Economic Development Fund. 

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To date, $5 million has been awarded under the Fund, supporting 23 projects in 10 communities. These grants, which leveraged over $575 million in other investment and support some 4,000 jobs, help build new schools, businesses, and homes throughout the state.

Since 1995, some 790 brownfields sites have been cleaned up with assistance from DEM and its partners. According to the U.S. Environmental Protection Agency, an estimated 7.3 jobs are supported per $100,000 spent on brownfields redevelopment. 

Targeted Brownfield Assessment Program - $527,000

The Targeted Brownfields Assessment Program provides funding to municipalities and non-profits to help evaluate brownfields sites and costs associated with remediation. A total of $327,000 in hazardous substance funding and $200,000 in petroleum funding is available.

Brownfields Remediation Revolving Loan Fund - $860,000

The Brownfields Remediation Revolving Loan Fund provides long-term, low-cost financing to public and private businesses for the cleanup of sites with hazardous substances, excluding petroleum. In partnership with the Infrastructure Bank, DEM is soliciting projects on an ongoing basis.

Information Workshop Scheduled

In partnership with the Infrastructure Bank, DEM will hold an informational workshop to review these funding opportunities on Wednesday, November 1 at 9:30 a.m. at DEM Headquarters, 235 Promenade Street, Room 300, Providence RI 02908. 

The workshop is open to the public.


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