The attached article mentions all the problems we’re painfully aware of, with respect to brownfield sites, but it also goes on to mention on pages 3 and 4 some, “Federal Policy Options and opportunities for brownfields and vacant properties.”

I have to think this will be interesting to developers and landowners for future projects, since it lists quite a few ideas for the federal government, including the following:

-EPA grants/Federal subsidies/Multi-purpose grants.
-Brownfield Economic Devp Initiative (BEDI) and Section 108 loan guarantees.
-Section 198 brownfield tax expensing.
-Federal browfield tax credits.
-Eminent domain.
-Enforcing Sarbanes-Oxley
The document is written by Matt Kane, Charles Bartsch and Barbara Wells of the Spring 2006 Northeast Midwest Economic Review. www.nemw.org.

Link to Document Here and Open the pdf file called  Northeast-Midwest Economic Review: Spring 2006

This entry was posted on Monday, July 31st, 2006 at 3:28 am and is filed under ●Brownfields Developer's Corner, ●Brownfields Financing, ●Environmental Agencies.

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