Environmental Assessment Grant Funds and Low Interest Cleanup Loan Funds Are Available

The City of South St. Paul Housing and Redevelopment Authority (HRA) has been awarded two Community-wide Assessment Grants totaling $300,000 by the U.S. Environmental Protection Agency (EPA).  The grant funds, along with matching funds from the HRA, will be used by the HRA to conduct Phase I Environmental Assessments, Phase II Environmental Investigations and Asbestos Surveys.  The funds are intended to help address environmental issues, facilitate real estate transactions and promote redevelopment throughout the community.

The Community-wide Assessment Grants are available through September 30, 2012.

In addition, the HRA received $1.0 million from EPA in the form a Revolving Loan Fund (RLF) grant.  The RLF funds and matching funds from the HRA will be available in the form of low interest loans to property owners, prospective purchasers and developers to help pay for a variety of environmental cleanup activities.  The HRA will provide any interested party with an application form upon request.

Property owners, prospective purchasers and developers of commercial and industrial properties are encouraged to contact the HRA to find out more information about the Community-wide Assessment Grants and the low interest RLF Program.

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Or, contact Branna Lindell with the South St. Paul HRA at Blindell@ssphra.org or call (651) 554-3270. The HRA is located at 125 Third Avenue North in South St. Paul.