City of Milwaukee awarded federal funding for brownfield remediation and redevelopment
MILWAUKEE — The Redevelopment Authority of the City of Milwaukee (RACM) was awarded $3.5 million in federal funding from the U.S. Environmental Protection Agency (EPA) on May 20, 2024.
RACM is dedicated to remediating contaminated properties across all City neighborhoods. The City anticipates using much of the new RLF funds to continue financing affordable housing projects like the remediation of the long-underutilized Filer & Stowell factory site into a 576-unit apartment complex at the north end of Bay View. A fourth of these apartments are set aside specifically for senior citizens. The funding also extends the City’s capacity to provide funding for more cleanups in the most underserved areas in Milwaukee.
“For 25 years now, the City of Milwaukee has been fortunate to receive funding from the Environmental Protection Agency which we have deployed to investigate and clean up brownfield sites across the City,” said Milwaukee Mayor Cavalier Johnson. “This allocation of supplemental brownfield revolving loan funds provides a significant boost to our program, allowing us to continue partnering with both EPA and the private sector to provide critical gap financing that helps advance projects creating new jobs and affordable housing. We thank President Joe Biden and the EPA for their continued support of the Milwaukee community.”
RACM has received multiple grants from the EPA to support brownfield assessment, remediation, and redevelopment. Milwaukee’s successful brownfield redevelopment program is made possible with the ongoing support of the EPA. Learn more at milwaukee.gov/RACM.
NOTE: This press release was submitted to Urban Milwaukee and was not written by an Urban Milwaukee writer. While it is believed to be reliable, Urban Milwaukee does not guarantee its accuracy or completeness.
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