Does the government provide incentives for brownfield redevelopment?
Federal, state, and local governments provide incentives for brownfield cleanup and redevelopment. Some of these incentives are provided directly to communities and local governments. Certain incentives are offered only to property owners. They include: • Federal, state and local tax incentives; • Grants and low-interest loans; • Technical assistance; • Liability protection; and • Streamlined government oversight of cleanups. Who are the key players in brownfield cleanup and redevelopment? A variety of private and public sector organizations may play a role in the course of cleaning up and redeveloping brownfield sites. Not all of these organizations will be involved at every site. Key players include State Environmental Agencies: Property owners or developers that decide to clean up brownfield sites, either for sale or reuse, may perform the cleanup under the oversight of a state environmental agency. In addition to overseeing cleanups, state environmental agencies may offer incentive
