The Environmental Protection Agency (EPA) has announced that it has selected the Missouri Environmental Improvement and Energy Resources Authority (EIERA) to receive $1,160,000 to provide loans and grants to carry out brownfields cleanup and redevelopment. The grant was funded through the American Recovery and Reinvestment Act of 2009.
EIERA will use its supplemental funding to replenish a revolving loan fund, from which it will provide funding to support cleanup activities at as many as five shovel-ready projects identified as being contaminated with hazardous substances and petroleum. Brownfields are sites where expansion, redevelopment or reuse may be complicated by the presence or potential presence of a hazardous substance, pollutant or contaminant.
You can read the original EPA news release here.