Posted on February 17, 2009 3:39 AM
CMAP staff have posted analysis of Brownfields, Energy, and Water components [updated 2/20/09] of the recovery legislation. Below are highlights:
Brownfields. The new version of the Economic Recovery Bill includes the proposed $100 million for brownfields remediation programs. Details about the different programs can be found here. The bill waives the cost-share requirements. It also includes increased funding for other land remediation programs: the Superfund Remedial program, and the Leaking Underground Storage Tank Trust Fund.
Energy. The new version of the Economic Recovery Bill includes funding to several different programs promoting "green" energy and efficiency. Much of this funding is targeted towards research, development, demonstration, and deployment activities for energy efficiency and renewable energy, as well as modernizing electricity delivery (Smart Grid). There are appropriations for specific programs which award grants to local governments, including the Energy Efficiency and Conservation Block Grant program, the Weatherization Assistance Program, and State Energy Programs. Funding is also appropriated for advanced battery manufacturing, Transportation electification, alternative fuel vehicles, Energy Star, and diesel retrofits.
The bill also includes funding for loan guarantees for renewable technologies and transmission technologies, as well as creating a Clean Energy Finance Authority to use tax incentives to promote private investment in the renewables sector.
Water. Appropriations to the Clean Water and Drinking Water State Revolving Funds (SRF) are $4 billion and $2 billion, respectively. These programs provide loans with below-market interest rates to local governments to improve sewer and water systems. Another major item is funding for the Army Corps of Engineers, which has $2 billion for construction, $2.075 billion for operations and maintenance, $375 million for Mississippi River improvements, and $25 million for the regulatory program. Finally, the Natural Resources Conservation Service (NRCS) would receive $290 million for various flood protection projects, half of which would be used to purchase and restore floodplains in agricultural areas, and another $50 million to rehabilitate small dams built by NRCS. Please contact Kristin Heery (email@example.com or 312-386-8802) or Jesse Elam (firstname.lastname@example.org or 312-386-8688).