The primary objective of the Brownfields Redevelopment Unit is to facilitate redevelopment of brownfields (sites with the potential for development or re-use but remain unused or underused because of known or suspected environmental contamination). Nassau County and it's consortium members have used Brownfield Assessment Grants in connection with their CDBG and HOME assisted projects. Nassau County has also received an EPA Brownfield Revolving Loan Fund which may be used for remediation of projects assisted with CDBG.
The Fund Program is designed to support community revitalization goals through the cleanup and re-use of brownfield sites in distressed neighborhoods throughout the New York metropolitan region. This is the first regional remediation financing mechanism in the country to use federal grants to leverage private loan capital for brownfields projects, whereby EPA funds are used as loan guarantees for cleanup loans originated by the private sector.
