This document outlines a brownfield redevelopment program between Pulaski County and the cities of Little Rock and North Little Rock. It describes the program's funding sources totaling over $3.5 million and its goals of creating jobs and leveraging over $36 million in projects. Examples of successful redeveloped brownfield sites are provided, such as a riverfront property that leveraged $3.2 million and a mixed-use development that created 44 jobs. The county judge believes brownfield redevelopment is important for governing in an urban setting and allowing residents to experience green spaces in the city.

1. TO BUILD A PROGRAM
Funding Opportunities for Economic
Development and Revitalization

2. About the Program
• Partnership of three local governments :
Pulaski County and the Cities of Little Rock and North Little Rock
• Six member Revolving Loan Fund Committee
• Revolving Loan Fund Grant (RLF) 2005 for $3,000,000
• RLF Supplemental Funding Award of $350,000 in 2013
• Assessment Grants – Hazardous and Petroleum in 2011 for $200,000 each
• $36,000,000 in Projects Leveraged through 2013

3. Shared Vision for Success

4. Creating a Successful Program
Vision
Mission
Outcomes
• Stakeholders
• Priorities
• Opportunities
• Perspective
• Mission
• Sustainability

6. Stakeholders Visions
Culture
•What did each partners’
culture want/need?
Partnerships
•How to respect each
partners wants/needs?
Policy
•Who is supporting
this partnership?

7. Targeting Areas
What are the real opportunities?
Does the project promote the mission?
Creating a Sustainable RLF Board
Key people who believe in the program
Membership deliverables
Targeted Area
RLF Board
Target Tangible Opportunities

8. Finding a Balance That Works
Leveraging the Micro with Macro
Viewing a Project from the Inside Out
Seek Creative Leveraging
KNOW YOUR
STAKEHOLDERS’ MISSIONS!
MISSION
OUTCOMES
Deliverable Outcomes

9. • RLF Loan of $785,000 in 2008
• 5.8 Acre Tract on Desirable Riverfront
• 10 Months for Complete Turnkey Cleanup
• Leveraged $3.2 Million
http://output.newplans.com/Outputs/Project_14888/index.html
Smarthouse Way

10. •RLF Loan of $275,000 in 2011
•Planned with EPA’s Greening
America’s Capitals
•Empty for 25 Years, Scheduled for Demo
•Mixed-use, LEED construction, 32 Units
•Leveraged 44 jobs in Empowerment Zone
•Leveraged $3.1 Million
K Lofts

11. •RLF Loan of $916,000
•Historic and New Market Tax Credits
•Planned with EPA’s Greening
America’s Capitals
•Leverage Partnership with Ark. Symphony,
Ballet & Ark. Repertory Theater
•Leveraging $21 Million in redevelopment
Main Street Lofts

12. Our House
•First Program Sub-grantee
•Partnership with PCBF since 2002
•State’s Only Licensed Childcare for Homeless
•Sub-grant for New Childcare Center
•EPA Job Training Grantee
•Leveraged Brownfields Participation for
$1 million New Market Tax Credit

13. •Delta Presents Outreach Foundation
•501(c)3 for Local Delta Sigma Theta Sorority
•Smallest Award to Date
•Investment in “Human Capital”
•Organization’s Mission Reflects Our Own
Delta Foundation

14. It is my belief that a successful Brownfield
redevelopment program is a significant part
of governing in an urban setting. We are in
an era where 80 percent of the people in our
county live in the cities and towns.
Our challenge then, is to provide space for
ourselves and our children to experience
the green earth in an urban setting; and
aggressively seek the ways and means to
build our future with sensitivity to past
Buddy Villines
Pulaski County Judge/CEO

15. Funding Opportunities for Economic Development and Revitalization
Josh Fout, Program Administrator
201 S. Broadway, Suite 220, Little Rock, AR 72201
P: 501-340-3594 F: 501-340-8951 E: jfout@co.pulaski.ar.us
www.pulaskicountybrownfields.com
facebook.com/pucobrownfields
Images courtesy of the EPA, Downtown Partnership, Arkansas Highway Department, Ensafe, City of Little Rock, Our House, and Arkansas Business