Register! CDFA Brownfields Financing Webinar: Financing Post Disaster Recovery
Thursday, June 4th @ 2pm (EDT)
Join CDFA, our technical partners, and experienced brownfield communities as we discuss financial strategies that can bring your brownfield projects to new life following a natural disaster. This free webinar will focus on disaster recovery assistance and highlight best practice examples, case studies, and brownfield redevelopment financing tools that will allow your community to be more resilient in the face of natural disasters.
EPA Announces $54.3M to Assess and Cleanup Brownfields
The U.S Environmental Protection Agency announced 243 new grant investments totaling $54.3 million to 147 communities. Recipients will each receive between $200,000 - $600,000 in funding to help assess and cleanup contaminated sites, revitalize communities, leverage jobs and promote economic redevelopment.
A New Push to Make Brownfield Cleanup More Affordable
According to Sustainable City Network, a bill to re-establish the Brownfields Tax Incentive that ended in 2011 was introduced last month by Congresswoman Elizabeth Esty. The Brownfields Redevelopment Tax Incentive Reauthorization Act of 2015 would enable a taxpayer to fully deduct the cost of brownfield cleanup the year that costs were incurred.
Brownfield Program Fuels Buffalo Growth
Buffalo Business First reports that the state's Brownfield Cleanup Program has resulted in more than 4,200 new jobs and $700 million in new development in Western New York. Governor Andrew Cuomo recently extended the program by an additional 10 years.
A Sampling of Efforts to Fight Blight in Appalachia
This article from The Washington Post highlights a sampling of efforts to rehabilitate vacant or dilapidated properties from the Appalachian region. Programs in West Virginia, Pennsylvania, Kentucky, Tennessee, Virginia and Ohio have each shown a willingness to address abandoned buildings or contaminated sites.