CAMDEN, NJ — The Camden Redevelopment Agency says $300K in revolving loan funds from the U.S. Environmental Protection Agency (EPA) awarded Wednesday could go toward the remediation of two sites in the city.
The first possibility is to spruce up and preserve downtown’s “Building 8,” an industrial site officials said could ultimately be listed on the federal register of historical places. The city agency also said funds could be dedicated to the redevelopment and expansion of a light manufacturing facility at the former Concord Chemical site.
The latter could reportedly mean 20 more jobs.
“Ensuring a high quality of life for all Camden residents must remain our top priority,” said Camden Mayor Frank Moran. “The environmental transformation of Camden’s contaminated sites into clean spaces is essential to our City’s success.”
In all, $900,000 was announced for Camden, Niagara County, New York and New York City.
“With the help of our partners at the EPA and Camden Redevelopment Agency, the city continues to have opportunities to reinvent these brownfields, leverage federal and state resources, and attract new commercial, light manufacturing and industrial uses which will create well-paying jobs for Camden residents,” Moran said.
The funds assist in reusing vacant properties to create “community assets” including housing, recreation and open space, health facilities, social services and opportunities for commerce.
“These federal dollars are critically important to protecting the health and well-being of people living in Camden, while unleashing the potential for new economic opportunity,” said Senator Cory Booker. “As a former mayor, I know this vital funding will be used to continue Camden’s resurgence and allow the community to make use of what was previously a blighted public hazard.”