Opportunity Information: Apply for FR 5415 N 40
Apply for FR 5415 N 40
- The Department of Housing and Urban Development in the community development employment, labor and training housing sector is offering a public funding opportunity titled "Brownfield Economic Development Initiative (BEDI)" and is now available to receive applicants.
- This funding opportunity was created on Jun 13, 2011 and posted on Jun 13, 2011.
- Applicants must submit their applications by Jul 14, 2011. (Agency may still review applications by suitable applicants for the remaining/unused allocated funding in 2026.)
- The funding agency has allocated a total of $17,325,000.00 to eligible and selected applicants.
- Each selected applicant is eligible to receive up to $3,000,000.00 in funding.
- The number of recipients for this funding is limited to 10 candidate(s).
- Eligible applicants include: Others (see text field entitled Additional Information on Eligibility for clarification).
- Any public entity eligible to apply for Section 108 loan guarantee assistance in accordance with 24 CFR 570.702, including Guam, the Northern Marianas, American Samoa, and the Virgin Islands, may apply for BEDI grant assistance under Section 108(q). Eligible applicants are CDBG entitlement units of general local government and non entitlement units of general local government eligible to receive loan guarantees under 24 CFR part 570, subpart M. Urban Counties, as defined at 24 CFR 570.3 and 570.307, are eligible applicants for BEDI funds units of general local government that participate in an Urban County program are not independently eligible applicants.
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Opportunity Summary:
The Brownfield Economic Development Initiative (BEDI) is a discretionary grant program run by the U.S. Department of Housing and Urban Development (HUD) that is meant to help local governments move stalled or risky brownfield redevelopment projects forward. In practical terms, BEDI grant dollars are used to strengthen or “credit enhance” a HUD Section 108 loan guarantee tied to the same redevelopment project, or to make that Section 108 financed project more viable. The overall goal is to turn abandoned, idled, or underused properties back into productive use when redevelopment is complicated by real or suspected environmental contamination, and to generate near term, measurable economic gains such as job creation, new businesses, and a stronger local tax base.
A defining feature of BEDI is that it cannot stand alone. Every BEDI award is conditioned on, and must be used together with, a new Section 108 loan guarantee commitment (meaning the Section 108 commitment cannot be previously approved). Section 108 is a financing tool under the Housing and Community Development Act of 1974 that allows eligible local governments to borrow large amounts for eligible community and economic development activities, with HUD guaranteeing the loan. BEDI funds are then layered onto that financing structure to reduce lender risk, improve deal feasibility, and help close financing gaps that often arise on contaminated or potentially contaminated sites.
HUD explicitly prioritizes brownfield projects that bring in additional, identified private sector investment beyond the public BEDI and Section 108 financing. The program is aimed at redevelopment that produces tangible economic development outcomes, not just planning activity. Projects that clearly tie the redevelopment plan to new or expanded business activity, direct job creation, and other measurable community benefits are aligned with what HUD signals it wants to fund.
Eligibility is tied to Section 108 eligibility rules. Applicants must be public entities that can apply for Section 108 loan guarantee assistance under 24 CFR 570.702. This includes Community Development Block Grant (CDBG) entitlement units of general local government and non entitlement units that are eligible for Section 108 under 24 CFR Part 570, Subpart M. Urban Counties, as defined in the CDBG regulations, are eligible applicants, but individual units of local government that participate in an Urban County program are not independently eligible to apply on their own. The program also covers certain jurisdictions and insular areas referenced in the notice, including Guam, American Samoa, the Northern Mariana Islands, and the U.S. Virgin Islands, and certain jurisdictions in Hawaii under the Small Cities program, reflecting HUD’s broader CDBG eligibility framework.
For the specific funding opportunity referenced (Funding Opportunity Number FR 5415 N 40), HUD anticipated making about 10 awards with an estimated total funding amount of $17,325,000. The maximum award amount (award ceiling) was $3,000,000 per grant, and there was no cost sharing or matching requirement listed. The opportunity was posted on June 13, 2011, with an original and current closing date of July 14, 2011, and an archive date of July 21, 2011. The funding instrument type is a grant, and the activity categories align with community development, employment and workforce impacts, and housing related redevelopment outcomes.
Administratively, BEDI funds and the Section 108 guaranteed loan proceeds are initially made available by HUD to eligible units of general local government, consistent with how HUD channels CDBG related resources. The program notice also provided HUD points of contact for applicant support, listing David Kaminsky (202 402 4612) and Nikki Bowser (202 402 4395) for program questions, and included an application package link instruction referencing CFDA for downloading materials.
Brownfield Economic Development Initiative (BEDI) Grant - FAQs
What is the Brownfield Economic Development Initiative (BEDI)?
The Brownfield Economic Development Initiative (BEDI) is a discretionary grant program administered by the U.S. Department of Housing and Urban Development (HUD). It is designed to help local governments move stalled or higher-risk brownfield redevelopment projects forward when redevelopment is complicated by real or suspected environmental contamination.
What is the main purpose of BEDI funding?
BEDI is intended to bring abandoned, idled, or underused properties back into productive use and generate near-term, measurable economic gains. HUD emphasizes outcomes such as job creation, new businesses, and strengthening the local tax base.
How do BEDI grants work in practice?
In practical terms, BEDI grant dollars are used to strengthen (or "credit enhance") a HUD Section 108 loan guarantee that is tied to the same redevelopment project, or to make that Section 108-financed project more viable. BEDI is commonly used to reduce lender risk, improve deal feasibility, and help close financing gaps often associated with contaminated or potentially contaminated sites.
Can a BEDI grant be used by itself, without other HUD financing?
No. A defining feature of BEDI is that it cannot stand alone. Every BEDI award is conditioned on, and must be used together with, a new HUD Section 108 loan guarantee commitment for the same project.
Does the Section 108 loan guarantee need to be new?
Yes. The Section 108 commitment tied to a BEDI award cannot be previously approved. BEDI must be paired with a new Section 108 loan guarantee commitment.
What is the HUD Section 108 loan guarantee program?
Section 108 is a financing tool under the Housing and Community Development Act of 1974. It allows eligible local governments to borrow large amounts for eligible community and economic development activities, with HUD guaranteeing the loan.
What kinds of projects does HUD prioritize under BEDI?
HUD explicitly prioritizes brownfield projects that bring in additional, identified private sector investment beyond the public BEDI and Section 108 financing. The program is aimed at redevelopment producing tangible economic development outcomes, not just planning activity.
Is BEDI intended to fund planning-only efforts?
The program is aimed at redevelopment that produces tangible economic development outcomes rather than planning activity alone. Projects that clearly connect the redevelopment plan to new or expanded business activity, direct job creation, and other measurable community benefits are aligned with what HUD signals it wants to fund.
Who is eligible to apply for a BEDI grant?
Eligibility is tied to HUD Section 108 eligibility rules. Applicants must be public entities that can apply for Section 108 loan guarantee assistance under 24 CFR 570.702. This includes Community Development Block Grant (CDBG) entitlement units of general local government and non-entitlement units that are eligible for Section 108 under 24 CFR Part 570, Subpart M.
Are Urban Counties eligible to apply?
Yes. Urban Counties, as defined in the CDBG regulations, are eligible applicants.
Can a city or town that participates in an Urban County program apply on its own?
No. Individual units of local government that participate in an Urban County program are not independently eligible to apply on their own, based on the eligibility description provided.
Are any insular areas or specific jurisdictions included in eligibility?
Yes. The notice referenced certain jurisdictions and insular areas within HUD's broader CDBG eligibility framework, including Guam, American Samoa, the Northern Mariana Islands, and the U.S. Virgin Islands. It also referenced certain jurisdictions in Hawaii under the Small Cities program.
What was the Funding Opportunity Number for this BEDI competition?
The Funding Opportunity Number provided was FR 5415 N 40.
How many awards did HUD anticipate making for this opportunity?
HUD anticipated making about 10 awards for this specific funding opportunity.
What was the estimated total funding amount available?
The estimated total funding amount was $17,325,000.
What was the maximum BEDI grant amount per award?
The maximum award amount (award ceiling) was $3,000,000 per grant.
Was cost sharing or matching required?
No cost sharing or matching requirement was listed for this opportunity.
What type of funding instrument is BEDI under this opportunity?
The funding instrument type was a grant.
When was this funding opportunity posted and when did it close?
The opportunity was posted on June 13, 2011. The original and current closing date was July 14, 2011. The archive date was July 21, 2011.
What activity categories did this opportunity align with?
The activity categories aligned with community development, employment and workforce impacts, and housing-related redevelopment outcomes.
How are BEDI funds and Section 108 loan proceeds made available?
Administratively, BEDI funds and the Section 108 guaranteed loan proceeds are initially made available by HUD to eligible units of general local government, consistent with how HUD channels CDBG-related resources.
Who were the HUD points of contact listed for applicant support?
The notice listed HUD points of contact for program questions as David Kaminsky (202 402 4612) and Nikki Bowser (202 402 4395).
How did the notice say applicants could access the application package?
The notice included an instruction referencing CFDA for downloading application materials (via an application package link instruction).
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