About

Advocacy

Events

Membership

Sponsor

Education

Newsletters

Resources

Technical Assistance

×

CDFA Brownfields Finance Update - December 5, 2023

Having trouble viewing this newsletter? View it online.
Brownfields Financing Update
December 5, 2023
Subscribe
View Archives
Brownfields Finance Update

Features

Join CDFA for Our New Intro Federal Finance Course
Register for CDFA's Intro Federal Finance Course taking place on December 13-14 to learn the federal funding resources available to help advance economic development. Our panel of expert speakers will discuss how federal support tools can work in coordination with other development finance tools for programs and projects on the local level.

Ohio Announces $175M for Brownfield Remediation Projects
Ohio State officials announced that nearly $175 million in grant funding is available for communities to help clean up contaminated properties. The funding will be awarded as part of the Ohio Brownfield Remediation Program, which aims to help communities clean up industrial, commercial, and institutional brownfield sites that are abandoned, idled, or underutilized due to a known or potential release of hazardous substances or petroleum.

EPA Selects Final Cleanup Plan for California Sulphur Bank Mercury Mine Superfund Site
The U.S. Environmental Protection Agency (EPA) announced the final cleanup plan for the Sulphur Bank Mercury Mine Superfund site, covering the mine site and residential soils in Clearlake Oaks, California. EPA's cleanup plan will combine and cover mine waste piles, remove or cover contaminated residential soils, minimize impacts on nearby tribes, and reduce mercury entering Clear Lake sediments and fish.

Bipartisan Legislation Introduced to Reauthorize Brownfields Tax Deduction
Representatives Mikie Sherrill (NJ-11) and Mike Turner (OH-10) reintroduced the Brownfields Redevelopment Tax Incentive Reauthorization Act. This legislation would allow state and local governments, nonprofits, or developers to fully deduct the cost of environmental remediation of brownfields, and vacant industrial and commercial areas like gas stations that remain undeveloped because of concerns of environmental contamination.

U.S. EPA Celebrates Second Anniversary of Bipartisan Infrastructure Law
The U.S. Environmental Protection Agency (EPA) marks the second year of progress in implementing the Bipartisan Infrastructure Law with the release of the second annual report detailing the agency's investments to strengthen our infrastructure, make communities more resilient to climate change, and better protect human health and the environment. The Bipartisan Infrastructure Law provides EPA with more than $60 billion over five years for a wide range of environmental programs.

Upcoming Events
Intro Federal Finance WebCourse

CDFA // BNY Mellon Development Finance Webcast Series: Financing Childcare Facilities with Bonds
December 19, 2023 - 2:00 PM - 3:00 PM Eastern
During this installment of the CDFA // BNY Mellon Development Finance Webcast Series, experts will discuss challenges faced in financing childcare facilities and share examples of how bond financing can be used to support such businesses.

Fundamentals of Economic Development Finance WebCourse
January 24-25, 2024 - Daily: 12:00 PM - 5:00 PM Eastern
CDFA's Fundamentals of Economic Development Finance Course is the foundation for all of CDFA's educational offerings. This course helps attendees understand the variety of development finance tools available, from bonds, tax credits, and TIF, to federal financing programs, RLFs, and access to capital lending resources.

Brownfields Financing Headlines

Amended Cleanup Plan for Woodstock, CT Linemaster Switch Corp. Superfund Site
U.S. Environmental Protection Agency | Dec. 1 | Brownfield Financing | Redevelopment | U.S. Environmental Protection Agency (EPA)

U.S. EPA Announces Final Cleanup Plan for Radio Materials Corp. Site in Attica, IN
U.S. Environmental Protection Agency | Nov. 28 | Brownfield Financing | Redevelopment | U.S. Environmental Protection Agency (EPA)

$500K to Harney County, OR for Brownfield Cleanup
Source Weekly | Nov. 28 | Brownfield Financing | Redevelopment | U.S. Environmental Protection Agency (EPA)

Plans for South Norwalk, CT ‘Blighted' Site Near Train Station to Bring More People
The Hour | Nov. 28 | Brownfield Financing | Redevelopment | Urban Development

Shamokin Creek Group in Pennsylvania Gets $500K Environmental Grant
The Daily Item | Nov. 27 | Brownfield Financing | Infrastructure Finance | Rural Development | Tribal Finance | U.S. Environmental Protection Agency (EPA)

U.S. EPA Begins to Demolish Manufacturing Facility in Jamestown, NY
U.S. Environmental Protection Agency | Nov. 27 | Brownfield Financing | Redevelopment | U.S. Environmental Protection Agency (EPA)

Wisconsin DNR Awards Brownfield Grant to Cuba City
Wisconsin Department of Natural Resources | Nov. 22 | Brownfield Financing | Economic Development | State Finance Program

U.S. EPA Green-Lights Redevelopment of Old Buick City Site in Flint, MI
M Live | Nov. 6 | Brownfield Financing | Redevelopment | U.S. Environmental Protection Agency (EPA)

Muskegon, MI Paper Mill Redevelopment Comes With Major Environmental Hurdles
Crain's Grand Rapids Business | Nov. 6 | Brownfield Financing | Redevelopment | State Finance 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.


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

Archives

Displaying 1 - 30 of 110

February 6, 2024
January 2, 2024
December 5, 2023
November 7, 2023
October 3, 2023
September 5, 2023
August 1, 2023
July 4, 2023
June 6, 2023
May 2, 2023
April 4, 2023
March 7, 2023
February 7, 2023
December 6, 2022
November 1, 2022
October 4, 2022
September 6, 2022
August 2, 2022
July 5, 2022
June 7, 2022
May 3, 2022
April 5, 2022
March 1, 2022
February 1, 2022
January 3, 2022
December 7, 2021
November 2, 2021
October 5, 2021
September 7, 2021
August 3, 2021




CDFA National Sponsors

  • BNY Mellon
  • Bricker Graydon LLP
  • Bryan Cave Leighton Paisner LLP
  • Business Oregon
  • CohnReznick
  • Frost Brown Todd LLP
  • Grow America | Formerly NDC
  • Hawes Hill and Associates LLP
  • Hawkins Delafield & Wood LLP
  • Ice Miller LLP
  • KeyBanc Capital Markets
  • Kutak Rock LLP
  • McGuireWoods
  • MuniCap, Inc.
  • NW Financial Group, LLC
  • PGAV Planners, LLC
  • Raza Development Fund
  • SB Friedman Development Advisors
  • Stifel Nicolaus
  • U.S. Bank
  • Wells Fargo Securities
  • Z. The Bond Buyer
Become a Sponsor