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Apartment Investment and Management Company (AIMCO) Civil Settlement

Largest Lead Disclosure Settlement Reached With Property Management Firm

The U.S. Environmental Protection Agency (EPA) and the Department of Housing and Urban Development (HUD) entered into the broadest lead disclosure settlement ever with one of the nation's largest property management firms, the Denver-based Apartment Investment and Management Co. (AIMCO). Residents living in more than 130,000 apartments in 47 states and Washington, DC, will live in lead-safe units as a result of this landmark settlement.

"Protecting our nation's children from the dangers of lead-based paint is of paramount concern. Eliminating lead-based paint hazards in older low-income housing is essential if childhood lead poisoning is to be eradicated," said EPA Administrator Christie Whitman. "AIMCO is to be commended for its voluntary disclosure and other efforts to make its housing lead-safe. We urge other landlords to take their cue from this responsible action."

"This agreement goes a long way in making certain parents can raise their children in safe and healthy homes," said HUD Secretary Mel Martinez. "Not only are more than 130,000 apartments going to be certified lead safe, but today's settlement demonstrates the value of management companies and landlords working closely with HUD to prevent our kids from being poisoned."

AIMCO allegedly failed to warn its tenants that their homes may contain lead-based paint hazards in violation of the Residential Lead-Based Paint Hazard Reduction Act. Under the settlement, AIMCO has agreed to test and clean up lead-based paint hazards in more than 130,000 apartments nationwide and pay a $129,580 penalty. The penalty and the number of units being tested and cleaned are the largest ever in a lead disclosure settlement.

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Press Release

Press Fact Sheet (PDF) (23K, 2 pages)

Consent Agreement (PDF) (10 MB, 156 pages)

Apartments Covered by Settlement with AIMCO, by State (Links to HUD) Exit EPA Disclaimer

EPA Pamphlet: Protect Your Family from Lead in the Home (PDF) (673K, 17 pages)

Office of Pollution Prevention and Toxics Lead Page

Press Release on Similar Criminal Case (Links to U.S. DOJ) Exit EPA Disclaimer

For additional information contact:

Brian Dyer
U.S. EPA
Toxics and Pesticides Enforcement Division (2245A)
1200 Pennsylvania Ave. NW
Washington, DC 20460
(202) 564-4166
dyer.brian@epa.gov

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