Purpose, Scope, and Incorporated Documents
As provided in Oregon Revised Statutes (ORS) 285A.190, the Oregon Business Development Department shall administer the federally funded revolving fund to provide cleanup financing to eligible publicly and privately owned brownfields as authorized by the Comprehensive Environmental Response, Compensation, and Liability Act, as amended, by the Small Business Liability Relief and Brownfields Revitalization Act of 2001 (P.L 107-118).
Oregon Coalition Brownfields Cleanup Fund Program is funded through a cooperative agreement (BF-97080301, and as amended from time to time) between the U.S. Environmental Protection Agency and Department and includes any program income generated as a result of Department loans to Recipients as provided for in ORS 285A.192. The primary objectives of the Program are to:
Remove or abate environmental health risks at sites not yet addressed by the private market;
Provide resource assistance to rural, distressed, or affected communities allowing them to build quality, livable communities and neighborhoods; and
Employ a problem-solving philosophy of coordination through state and local partnerships.