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  • Meet the Deal Makers: Successful Revolving Loan Fund Programs

    Wednesday, December 11, 10:45 am - 11:45 am
    408 B
    Town Meeting Conversations
    Track 2: Financing Options, Real Estate, & Economic Development
    Recipients of an EPA Brownfields Revolving Loan Fund (RLF) have the opportunity to establish and grow a self-sustaining source of capital within their community to address brownfield sites. When executed to its fullest extent, these RLFs can provide funding for remediation within a community(ies) in perpetuity. Successful implementation of the RLF program involves well executed administrative, programmatic, and finance related activities. This session will help you compare and contrast the practices, partnerships, marketing, and engagement utilized by two flourishing RLF grantees: The City of Sacramento, California will discuss their current and future projects that have leveraged the RLF program to revitalize their City. The Snowy Mountain and the Central Montana Brownfields Coalition, Montana will discuss their strategies for leveraging funding to complete several loans and subgrants within their rural communities. These presentations will set the stage for an engaging conversation on what practices make a successful RLF program, including: • The similarities and differences between projects in a rural versus an urban environment, • How to successfully leverage funds from various sources to complete projects and make a lasting impact, • How to sustain the RLF, and • Creating flexible financing tools to enable redevelopment. Key Takeaways: Meet RLF experts; Case Studies; Share your successes/issues; P2P networking; Successful Financial Practices
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