What does RACER mean in MECHANICS

RACER is a trust created in 2011 by the U.S. government in response to the bankruptcy of General Motors and Chrysler. This trust is responsible for cleaning up, managing, and selling abandoned or underutilized properties owned by those two companies.

The purpose of RACER is to reuse or recycle these properties in a way that will benefit local communities, create jobs, promote economic development, return previously taxable land back to productivity, and protect public health and safety.

RACER plans to restore abandoned properties through a comprehensive approach that includes capitalizing on new business opportunities, redeveloping old facilities for use by existing businesses, preparing sites for transfer or sale and repositioning them for future re-use; and protecting natural resources tied to the property through land conservation or remediation.

There are various ways you can participate in projects managed by RACER Trust including learning more about our open Requests For Proposals (RFPs) and volunteering at our cleanups or redevelopment projects. You may also contact us directly if you want to join one of our committees or contribute other ideas or feedback related to our initiatives.

Yes! Donations made directly to the trust can help support our environmental community outreach efforts as well as fund financial grants given out each year to local organizations across the country. All donations are tax deductible and extremely appreciated!

Every year we look for organizations that share our commitment to innovation, sustainability and community empowerment when selecting prospective stakeholders from among grant applicants. We select partners based on their ability to demonstrate a high degree of creativity when approaching challenges related to brownfield revitalization as well as their potential capacity build within the impacted areas where revitalization occurs.

Through its Stakeholder Program, RACER has granted over $25 million dollars since its launch in 2011 towards environmental justice initiatives such as air quality improvement projects; green infrastructure investments; deconstruction efforts; sustainable energy systems; urban agriculture programs; food security initiatives; green workforce training programs; hazardous material abatement activities; habitat restoration efforts; water quality measures; science education curricula; river corridor protection & enhancement projects etcetera.

Yes! Before investing in any project associated with a particular stakeholder group we rely upon carefully devised criteria which include reviewing expected ecological benefits arising from proposed investment activities as well qualitative factors like how qualified/experienced an applicant's team is & whether they have appropriate infrastructure needed put such project into action according quickly enough along with others considerations too.

Once all necessary evaluations have been conducted & authorizations obtained funding may typically become available immediately depending upon circumstances but generally speaking grant money will arrive between 15-30 days following submission depending upon complexity of application (in most cases).