Brownfields Properties Revitalization Fund (BPRF)

About this funding opportunity

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Search this siteSubmitclose Brownfields Properties Revitalization Fund (BPRF)

Page Navigation Brownfield Properties Revitalization Fund (BPRF)

The Brownfield Properties Revitalization Fund (BPRF) is administered by the Oregon Business Development Department (DBA Business Oregon) the state's community and economic development agency. The purpose of the (BPRF) is to enhance the availability of resources through forgivable loans for the purpose of reimbursing private owners or operators for the eligible costs incurred in the completion of removal or remedial actions on properties that are brownfields.

Contact

Jerry Sorte Brownfields Program Policy Coordinator 971-345-7401 Brownfields Information

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Who is Eligible?

Eligible Applicants: Any private person not currently liable under ORS 465.255 for an existing release of hazardous substances at a site is eligible to make application to the Department for assistance from the BPRF. Applicant must have the authority and ability to execute a financing contract with the Department.

Eligible Projects:

The Department's policy is to promote sustainability and assist rural or distressed communities with local development projects. Facilitating redevelopment of brownfields furthers this policy. Brownfields redevelopments can be multifaceted and supportive of a variety of goals such as economic development, efficient land use, minimized construction of new service infrastructure, resolution of environmental justice issues, and or protection of environmental and human health.

Of note, projects can apply for up to two public benefit enhancements under the Brownfield Properties Revitalization Fund, as detailed in ORS 285A.194(3). The enhancements include: Publicly available electric vehicle charging stations. 4+ or 20% of the development includes affordable housing units The development is in a Rural, Distressed, or 20% below the poverty level area. 50% of the development is dedicated to parks and or natural areas. The development meets an unmet health need in the form of a care facility or hospital. The property's brownfield condition is the result of a wildfire.

Reimbursable eligible costs include project activities and environmental actions performed in accordance with ORS 285A.193(3)(a), but do not include costs excluded by ORS 285A.193(3)(b). What is the Application Process?

We are currently accepting application. Please contact Jerry Sorte, Brownfields Program Policy Coordinator at Jerry. Sorte@biz.oregon.gov or 971-345-7401 to request application materials. How Does Funding Work?

The Brownfield Properties Revitalization Fund (BPRF) is a forgivable loan program designed to reimburse private owners or operators for 50% of eligible costs not to exceed $250,000, whichever is less, incurred during brownfield remediation on eligible development projects. Specific public benefit enhancements, as identified in ORS 285A.194(3), if part of the property's redevelopment, can increase the forgivable loan amount.

If the department approves an application, the department shall determine the amount of the forgivable loan, including any…

Topic areas: Circular Economy and Sustainability, Public Policy and Governance, Housing and Community Development.

Funding amount

This grant provides Varies in funding.

Deadline

Applications are accepted on a rolling basis; there is no single fixed deadline.

Who can apply

This opportunity is open to the following applicant types:

• Not specified by the program.

Eligibility

The program did not publish a separate eligibility statement. See the official opportunity page for the full eligibility criteria.

Agency

Brownfields Properties Revitalization Fund (BPRF) is administered by Business Oregon (Oregon Business Development Department) (Business Oregon), listed via Business Oregon (Oregon Business Development Department).