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PROPOSED GRANT AWARD
Department: Environment and Sustainability
Grantee: Department of Environment and Sustainability
Grantor: U.S. Environmental Protection Agency
Request: Authorization to accept grant
Purpose: This agreement will provide funding for Cook County to capitalize a revolving loan fund from which to make loans and sub-award to clean up brownfields site(s), and conduct other necessary activities to prudently manage the RLF
Grant Amount: $751,000.00
Grant Period: 10/1/2018 - 9/30/2023
Fiscal Impact: $160,000.00
Accounts: 11000.1161
Concurrences:
Department of Budget and Management Services has received all requisite documents and determine fiscal impact on Cook County, if any.
Summary: The funding will foster critical remediation activities required in the south and west suburbs, attract employers to redevelop sites with an emphasis on industrial infill redevelopment that foster livable, vibrant communities, generate living wage jobs, create open green spaces and eliminates food desserts. The coalition members are Chicago Heights, Ford Heights, and Sauk village in southern Cook County and Bellwood, Franklin Park, Maywood and Schiller Park in western Cook County. Brownfields are real property, the expansion, development or reuse of which may be complicated by the presence or potential presence of a hazardous substance, pollutant, or contaminant
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