Area-Wide Approach Begets Visionary Game-PlanningThe concept of area-wide brownfield redevelopment seems to make sense. If a neighborhood, especially one with low-income habitants or minorities, has a number of contaminated sites, shouldn't there be a way to clean them up and improve the community? Shouldn't a plan for remediating brownfields and improving the community be a solid way to start? Valid questions all, but with many good ideas the devil is in the details. The New York State Brownfield Opportunity Area (BOA) Program was authorized in 2003. From 2005 through 2012, 168 grants were handed out to 126 communities (some communities received more than one grant for the multi-step process), totaling nearly $43 million. However, by 2012 the new Cuomo administration was concerned about the efficacy of BOA and there was no new funding until $2 million was included in this year's budget. Also this year, New Partners for Community Revitalization, a non-profit that has…Log In to Read Full Article
Writing for Dollars: Winning Grants for Redevelopment
Securing brownfields redevelopment funding through the U.S. EPA involves a competitive process that requires submitting a grant proposal. The proposal must detail the type of grant sought, the work proposed, the additional funding that could be secured to guarantee completion, how the work will be implemented to safe guard effective… Read more
Oregon Land Bank Is Branching Out in 2016
As in many states throughout the country, the redevelopment of contaminated real property in Oregon’s urban, suburban, and rural communities is a problem. In the Portland metropolitan region alone, there are approximately 2,300 brownfield properties, covering approximately 6,300 acres that represent almost 7% of all commercial/business properties within the Metro… Read more
Brownfield Redevelopment: Problem or Profit?
According to the N BAs (N BA), there are approximately 500,000 and probably more than 1,000,000 brownfield sites in the United States alone, representing 2.5 to 5 million acres. They further estimate that environmental hazards are present in 20 to 50 percent of all existing industrial real estate properties, devaluing… Read more