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Portland’s Bureau of Environmental Services has awarded a $200,000 grant to help pay for environmental cleanup of a property that formerly housed a battery manufacturing plant.

The money came out of the city’s Brownfield Revolving Loan Fund, which in 2011 was established via $1 million awarded by the U.S. Environmental Protection Agency. The grant dollars will aid remediation at 2140 N. Williams Ave., where Wagstaff Battery Manufacturing Co. formerly operated.

BRIDGE Housing, a nonprofit, plans to redevelop the property by building a four-story, 61-unit affordable housing complex. The Portland Housing Bureau and Multnomah County will help pay for the project, which under a city policy will include 10 units with priority given to displaced former residents.

鈥淭his grant is an investment in our community, helping to create healthy neighborhoods, while providing deeply affordable housing in a historically underserved neighborhood,鈥� Commissioner Nick Fish said. 鈥淚t’s a win-win-win.鈥�

The Portland Brownfield Program has so far helped address environmental concerns on more than 100 acres, according to the city.