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Brownfields Financing Update
April 7, 2015
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Brownfields Financing Update

Features

N.Y. Brownfield Tax Credit Gets 10-year Reprieve
The New York Brownfield Cleanup Program was given a 10-year extension in the $142 billion state budget passed this week, according to the Star Gazette. A series of reforms included in the extension are meant to root out abuses that were previously present in the program.

EPA Announces Supplemental Funding for Brownfields RLF
The U.S. Environmental Protection Agency (EPA) has announced $5.8 million in supplemental funding to RLF grantees who demonstrated successful loans or subgrants.

10 Grand Rapids Development Projects Getting Brownfield Financing
In this article from MLive, the Grand Rapids Brownfields Redevelopment Authority highlights recent and potential brownfield projects slated to receive financing assistance.

DECD Has $7.5M More for Brownfield Cleanup
The Department of Economic and Community Development is now accepting applications for a new round of brownfield grant funding. According to Hartford Business, Governor Dannel P. Malloy announced $7.5 million in available funds to clean and restore brownfields in Connecticut.

EPA Selects 20 Communities for Brownfield Grants to Revitalize Communities
Communities in 16 states will receive approximately $4 million in Brownfields Area-Wide Planning grants from the U.S. EPA for the cleanup and reuse of brownfield sites.

Upcoming Events
Intro EB-5 Finance WebCourse
CDFA Brownfields Technical Assistance Program


CDFA Brownfields Project Marketplace
CDFA is excited to announce the Brownfields Project Marketplace, which will take place on May 19, 2015 from 1pm-5pm EDT in Columbus, Ohio. The Brownfields Project Marketplace provides communities the opportunity to receive special assistance with brownfields redevelopment projects. Communities will detail important information on a site and engage in open discussion with financial and brownfields experts.

Brownfields Financing Headlines

2015 West Virginia Brownfields Conference
West Virginia Brownfields Assistance Centers | Apr. 6 | Brownfield Financing | Economic Development

Brownfield Gets New Life with $53M Investment
Crain's Detroit Business | Apr. 6 | Access to Capital | Brownfield Financing | Economic Development | Redevelopment

Symposium at Warner Theatre to Focus on Brownfields
Torrington Historic Preservation Trust | Apr. 6 | Brownfield Financing | Economic Development | U.S. Environmental Protection Agency (EPA)

Abandoned Buildings: Help Arriving for Communities
mydailyregister.com | Apr. 2 | Access to Capital | Brownfield Financing | Local Finance Program

Village of Sussex Nets $200K for Brownfields Cleanup
Wisconsin DNR | Apr. 2 | Access to Capital | Brownfield Financing | Revolving Loan Funds (RLFs) | State Finance Program

Budget Bill Contains Brownfield Service Station Cleanup Funds
Ohio Environmental Law Blog | Apr. 2 | Access to Capital | Brownfield Financing | Legislative | State Finance Program

Machinery Row in Racine, WI Lands $1M Grant
The Journal Times | Apr. 2 | Brownfield Financing | Infrastructure Finance

Public Meeting Set for Update on EPA Brownfield Grants
Public Radio Tulsa | Apr. 2 | Access to Capital | Brownfield Financing | U.S. Environmental Protection Agency (EPA)

Final NYS Budget Nets More Funding for Brownfields
Buffalo Business First | Apr. 2 | Access to Capital | Brownfield Financing | Economic Development | Legislative | Redevelopment | State Finance Program

City Looking for Recipients for Brownfield Grants
Oroville Mercury Register | Mar. 31 | Access to Capital | Brownfield Financing | U.S. Environmental Protection Agency (EPA)

City gets $1M DEQ Grant to Clean Up Brownfield
Mlive | Mar. 31 | Access to Capital | Brownfield Financing | Economic Development | State Finance Program

CFA to Accept Applications for BOS Loans
Northcentralpa.com | Mar. 30 | Access to Capital | Brownfield Financing

EPA Laud Norwich's Approach to Brownfield Cleanup
Norwich Bulletin | Mar. 27 | Access to Capital | Brownfield Financing | Economic Development | U.S. Environmental Protection Agency (EPA)

Huntington has Momentum on Brownfield Sites
Herald Dispatch | Mar. 26 | Access to Capital | Brownfield Financing | U.S. Environmental Protection Agency (EPA)

Third Annual Northwest Florida Brownfield Redevelopment Forum
Florida Department of Environmental Protection | Mar. 25 | Access to Capital | Brownfield Financing | State Finance Program | U.S. Environmental Protection Agency (EPA)

Community Evaluates Brownfield Sites
Portsmouth Daily Times | Mar. 23 | Access to Capital | Brownfield Financing | U.S. Environmental Protection Agency (EPA)

Moundsville Receives $10,000 Grant for Redevelopment Project
WTRF | Mar. 23 | Access to Capital | Brownfield Financing | State Finance Program

Erie County Brownfields Efforts Seen as Successful
Buffalo News | Mar. 20 | Access to Capital | Brownfield Financing | State Finance Program

Former Honeywell Manufacturing Site Becomes National Brownfield Model
Honeywell | Mar. 20 | Access to Capital | Brownfield Financing | Recommended Practices | Redevelopment

Phoenix Park to Take Place of Brownfield in Camden
NJTV News | Mar. 20 | Access to Capital | Brownfield Financing | Infrastructure Finance | Public-Private Partnership (P3) Financing | State Finance Program

Traverse City Mayor Seeks Reconsideration of Brownfield
APA | Mar. 20 | Brownfield Financing | Redevelopment | Tax Credits

Potomac Highlands Rivers and Communities Benefit From Grant Program
Augusta Free Press | Mar. 19 | Access to Capital | Brownfield Financing | U.S. Environmental Protection Agency (EPA)

Housing Rises on Formerly Contaminated Sites
Lohud | Mar. 19 | Brownfield Financing | Economic Development

Cardno Organizes Pioneering Arizona Healthfields Initiative
Global News Wire | Mar. 18 | Access to Capital | Brownfield Financing | Public-Private Partnership (P3) Financing | U.S. Environmental Protection Agency (EPA)

EPA Brownfields Grant Will Aid City of St. Helens
US EPA | Mar. 18 | Access to Capital | Brownfield Financing | U.S. Environmental Protection Agency (EPA)

St. Clair Shores Expects "Eyesore" Apartments to be Demolished
Macomb Daily | Mar. 17 | Access to Capital | Brownfield Financing | Redevelopment

City: Brownfield Grant Can Boost Property Appeal
Wilmingtonbiz | Mar. 16 | Access to Capital | Brownfield Financing | U.S. Environmental Protection Agency (EPA)

Governor Cuomo Proposes to Draw From Emissions Program
Capital | Mar. 13 | Access to Capital | Brownfield Financing | Economic Development | Energy Finance | Infrastructure Finance

Hopportunity Knocks: Brownfields, Beer, and the Law
Minnesota Brownfields | Mar. 9 | Access to Capital | Brownfield Financing

City of Spokane Selected for U.S. EPA Brownfields Assessment Pilot
U.S. EPA | Mar. 9 | Access to Capital | Brownfield Financing | U.S. Environmental Protection Agency (EPA)

Brooksville to Move Forward with Assessments of 3 Brownfields
Tampa Bay Times | Mar. 6 | Access to Capital | Brownfield Financing | U.S. Environmental Protection Agency (EPA)

New Hospital, Brownfield Project in Marquette Win Approval from MSF
The Daily News | Mar. 6 | Access to Capital | Brownfield Financing | State Finance Program

Know a Polluted Property in Newport or Covington? Speak up
Cincinnati.com | Mar. 5 | Access to Capital | Brownfield Financing | Economic Development


Highlights from the Online Resource Database

CDFA Brownfields Technical Assistance Program Fact Sheet
Access to Capital | Brownfield Financing | Economic Development | Recommended Practices | Redevelopment | Tax Increment Finance (TIF) | U.S. Environmental Protection Agency (EPA)
This helpful fact sheet provides communities looking to finance the redevelopment of their brownfield sites an overview of the tools available through CDFA's Brownfield Technical Assistance Program.


The Council of Development Finance Agencies (CDFA) is a national association dedicated to the advancement of development finance concerns and interests. CDFA is comprised of the nation's leading and most knowledgeable members of the development finance community representing public, private and non-profit entities alike. For more information, visit www.CDFA.net or email info@cdfa.net.

Disclaimer: This publication was developed under Assistance Agreement No. TR-83576801-0 awarded by the U.S. Environmental Protection Agency. It has not been formally reviewed by EPA. The views expressed in this document are solely those of Council of Development Finance Agencies and EPA does not endorse any products or commercial services mentioned in this publication. 


Council of Development Finance Agencies
100 E. Broad Street, Suite 1200
Columbus, OH 43215
(614) 705-1300
info@cdfa.net


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