Tax Increment Financing: Pros, Cons, and Examples
Can TIF strategies be the key to funding more commercial real estate projects?
Tax Increment Financing: Pros, Cons, and Examples
Can TIF strategies be the key to funding more commercial real estate projects?
Maine receives EPA’s largest brownfields cleanup investment
The United States EPA is lending more than $16 million to Maine to help clean up polluted brownfields sites. The money comes from President Joe Biden’s Investing in America Agenda...
Governor Phil Scott and the Agency of Commerce and Community Development (ACCD) today announced five additional awards and another $3.97 million have been committed to remediate...
Vermont spending $4 million for brownfield remediation projects
The Agency of Commerce and Community Development will use $3.97 million in funding to clean up five brownfield sites across the state, Gov. Phil Scott said, from the Brownfield Revitalization Fund to create housing.
Legislation Seeks to Expand Alabama Brownfields Program
This week a bill was introduced in the Alabama Legislature which would expand the state’s Brownfield Redevelopment and Voluntary Cleanup Program through the implementation of new features aimed to increase participation in the Program, thereby returning more brownfields to productive use and...
ESG Goals Increasingly Drive Brownfield Redevelopment
“Brownfield” is the technical name for an underused or abandoned industrial or commercial property. Brownfields can range from old factories to vacant warehouses; from defunct gas stations to former dry cleaning establishments.
Meriden receives $3.5 million to remediate two brownfield sites
MERIDEN — The city received $3.5 million in state brownfield remediation grants that would clear the way for future economic development at two troubled properties.
With historic Bipartisan Infrastructure Law investments, EPA is expanding the scope of existing technical assistance, including five new subject-specific grants totaling $57 million...
Up to $169M Available in Brownfield Grants
This week, the EPA announced that new funding will be available for brownfield grants.
New Federal Funding Opens Up New Opportunities for Brownfield Reclamation Projects
New economic opportunities opened up for Brownfield remediation with a $1.2 billion funding boost from the Bipartisan Infrastructure law.
Four brownfield projects in and around the southeastern edge of Midtown Cleveland have received state funding, enhancing their chances of coming to fruition and paving the way for...
he Murphy Administration is making it easier to identify once contaminated and blighted properties that present unique opportunities for economic development and environmental improvement.
Gov. Whitmer Announces New Housing Development, Economic Investments for Three Detroit Neighborhoods
Governor Gretchen Whitmer joined the MEDC today to announce that the state will be supporting revitalization projects to bring new housing, economic growth and vibrancy to three neighborhoods...
Brownfield Inventory for New Jersey Overview Data
The Brownfield Inventory GIS layer is a GIS representation of brownfield sites in Community Collaborative Initiative municipalities which will continue to be expanded on over time until the layer includes a statewide representation of brownfield sites.
NJEDA to launch Brownfields Impact Fund early next year
The New Jersey Economic Development Authority’s new Brownfields Impact Fund will launch later this winter to provide grant funding and low-interest loans to public sector and nonprofit organizations, as well as low-interest loans to for-profit organizations, to do cleanup activities at brownfields...
New Oregon Brownfield Loan Program to Watch
Revitalizing Brownfields has long been considered a centerpiece for community efforts to encourage growth and development of properties impacted by contamination.
Academy Museum of Motion Pictures is ready for its closeup
Artifacts from icons like Spike Lee and Pedro Almodóvar, the iconic Dorothy ruby slippers from "The Wizard of Oz," Okoye's costume from "Black Panther, you'll find them within the seven story, 300,000 square-foot Academy Museum of Motion Pictures which is finally ready for its closeup.
Solar panels offer landfills second chance at a useful life
Owners of closed landfills have increasingly found ways to repurpose capped and closed sites, with one new option also tying into America’s quest to decrease its dependency on fossil fuels.
Massachusetts Brownfields Tax Credit
In a bid to rehabilitate the Brownfields Tax Credit application and approval process, the Massachusetts Department of Revenue has issued final regulations (830 CMR 63.38Q.1) and new administrative procedures (AP 636) governing credit applications received on or after July 9, 2021.
Major New Brownfield and Site Remediation Funding in Ohio
Ohio’s new biennial budget, signed into law by Governor DeWine on June 30, brings good news for the redevelopment of brownfields and other distressed properties in Ohio.
A Second Life for North Carolina’s Shuttered Factories
Less than a decade ago, the economic malaise in Rocky Mount, North Carolina, was tangible. Rocky Mount Mills, a big cotton mill that had given the town its identity, had shut down in 1996, costing the area hundreds of jobs. Downtown was deserted. Nobody was hiring.