Smart Growth America has partnered with the Nuclear Decommissioning Collaborative, the Center for Creative Land Recycling, and the NADO Research Foundation to provide guidance and analysis, offer a set of tools, and build a supportive community of practice to better position the municipalities and regions bracing for this dislocation.

The Iowa Economic Development Authority approved up to $2.6 million in brownfield and grayfield tax credits for projects in Cedar Rapids at its monthly board meeting.

The Howard Hughes Corp. has unveiled its plan to redevelop an old glue factory site in the South Street Seaport as a 470 ft. twin tower apartment complex. The developer said the $1.4 billion development at 250 Water Street will include 100 affordable apartments and renovations to the Seaport Museum that will help keep it "financially secure" for decades to come.

In communities across New York and the nation, EPA is working with local and state governments to pave the way for an effective reuse of properties that have been impacted by contamination. Through its Brownfields program, EPA has leveraged over $33 billion and created more than 170,000 jobs nationwide.

Wheeling City Manager Robert Herron said the city also submitted a grant application to the state for additional federal funding through the U.S. Environmental Protection Agency Brownfield Cleanup Grant Program. The city is requesting an additional $359,000 through this grant program.

Lorain County will be applying for a $500,000 grant from the U.S. Environmental Protection Agency. The Brownfield Cleanup Grant would aim to decontaminate about 2,100 cubic yards of land on the former location of E&L Transportation Co., 7450 Terminal Drive in Lorain.

The Detroit Economic Growth Corp. helped the developers with obtaining vacant land for the project and to get the financial resources needed for the project. This included obtaining a $1.25 million low-interest loan and leveraging the Detroit Brownfield Redevelopment Authority for $360,000 in tax increment financing reimbursement.

The brownfield amendment includes the addition of interest reimbursement to help offset the burden of this change in the project. Overall, this extends the plan by four years, but makes all the difference to the project being able to move forward.

CDFA // BNY Mellon Development Finance Webcast Series: Financing Resilient Infrastructure
Tuesday, November 17, 2020 - 1:00 PM Eastern

CDFA // BNY Mellon Development Finance Webcast Series: Educational Facilities Funding Solutions
Tuesday, December 15, 2020 - 1:00 PM Eastern

Fundamentals of Economic Development Finance WebCourse
January 27-28, 2021 - Daily: 12:00 - 5:00 PM Eastern

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