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Project Summary <br />Grant # <br />Grant Type <br />Applicant <br />Project Name <br />Project Location <br />Council District <br />SG-12217 <br />Contamination Cleanup <br />Ramsey <br />River Walk Village <br />6080 Highway 10, Ramsey <br />9 — Raymond Zeran <br />Project Detail <br />Contaminant history <br />The 4.8-acre site is vacant and was foreclosed in 2011. Historical <br />uses include an unpermitted dump. Contaminants of concern <br />include polyaromatic hydrocarbons, asbestos -containing materials <br />and metals mixed with debris in the soils, and petroleum -impacts <br />to the soil and groundwater. Additional soil vapor sampling is <br />required. <br />Redevelopment project to <br />start construction by the <br />end of the grant term <br />Expected benefits include the development of 11 market -rate <br />homes and 3 affordable homes. (All units will be for sale.) <br />Jobs (FTEs) <br />1.5 <br />Net tax capacity increase <br />$31,879 <br />Acres cleaned <br />4.8 <br />Total housing units <br />14 <br />Affordable units <br />3 at 61% 80% AMI (ownership units) <br />Funding <br />Requested amount <br />$128,623 <br />Funding partner requests <br />$742,065 from DEED <br />Previous Livable <br />Communities Act funding <br />$0 <br />Comments <br />Costs associated with Health and Safety Plan and Environmental <br />Covenant and soil vapor mitigation are not eligible for grant <br />funding. <br />Use of Funds <br />Amount <br />Uses to be completed by the end of the grant term <br />$902,800 <br />For environmental investigation (Phase I and Phase II <br />Environmental Site Assessments, development of a Response <br />Action Plan, and soil vapor sampling), soil remediation (including <br />field screening), and related environmental oversight. <br />