Brownfields Economic Development Initiative (BEDI) Second Competition | Apply Online

Opportunity Summary:

The Brownfields Economic Development Initiative (BEDI) Second Competition is a discretionary grant opportunity from the U.S. Department of Housing and Urban Development (HUD) designed to support the redevelopment of brownfield sites by strengthening the financing behind those projects. The central idea is that BEDI grants are tied to HUD Section 108 loan guarantee financing: the grant funds are meant to either enhance the security of a Section 108 guaranteed loan used for the same brownfields economic development project, or to improve the overall viability of that project when it is being financed with a Section 108 loan. In practical terms, this program is aimed at helping communities and private partners overcome the financing and risk barriers that often come with redeveloping contaminated or underused properties, so these sites can be returned to productive economic use and help stimulate local economic development.

This competition (Funding Opportunity Number FR 5419 N 01) was posted on June 4, 2010, created on June 15, 2010, and had an application deadline of July 6, 2010 (with an archive date of July 11, 2010). HUD anticipated making about 8 awards under this round, with an estimated total funding amount of $8.1 million. Individual awards could be as large as $2 million, and there was no stated award floor (meaning proposals could, in theory, request smaller amounts as appropriate). The funding instrument is a grant, and the activity focus is categorized under Community Development and Environment. A cost sharing or matching requirement applies, so applicants were expected to contribute non-federal resources or otherwise meet match requirements as described in the full notice.

Eligibility is specifically linked to entities that can apply for Section 108 loan guarantee assistance under the Community Development Block Grant (CDBG) framework. Eligible applicants include any public entity that qualifies for Section 108 under 24 CFR 570.702, explicitly including certain U.S. territories such as Guam, the Northern Mariana Islands, American Samoa, and the U.S. Virgin Islands. More specifically, eligible applicants are CDBG entitlement units of general local government and non-entitlement units of general local government that are eligible to receive Section 108 loan guarantees under 24 CFR Part 570, Subpart M. Urban Counties, as defined in 24 CFR 570.3 and 570.307, are also eligible applicants for BEDI funds. However, units of general local government that participate in an Urban County program are not independently eligible to apply on their own, which is an important constraint for towns or municipalities that operate under a county’s CDBG umbrella.

The program’s purpose statement makes clear that the target outcome is economic redevelopment at brownfields sites, with local governments and private sector parties working to convert these properties into economically useful assets. Because the grant is structured around Section 108 loan projects, BEDI is essentially positioned as a tool to make a deal financeable or less risky, which can be especially relevant where environmental conditions, cleanup costs, or uncertain redevelopment timelines make private investment difficult. By pairing grant assistance with loan guarantees, HUD’s approach is to unlock larger-scale redevelopment financing while addressing the unique challenges associated with brownfields.

For applicants needing help accessing the full announcement or application materials, HUD provided points of contact: David Kaminsky at (202) 402-4612 and Nikki Bowser at (202) 402-4395. Individuals who are hearing or speech challenged could use the Federal Information Relay Service at 800-877-8339 (toll free). The opportunity also referenced an “Additional Information Link” for downloading instructions and the application package, indicating that full application requirements, match details, and evaluation criteria were provided in the complete official notice.

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