How can a private developer take advantage of the states brownfields redevelopment program?
By partnering with a governmental unit, such as a city, town, county, redevelopment or housing authority, or public organization. This partnership allows both parties to capitalize on the many resources the state has to offer, particularly the Environmental Remediation Revolving Loan Fund. Grants from this fund are awarded for site assessment activities, while loans are approved for primarily demolition and remediation. Successful development can mean the creation of new jobs, a stronger tax base for the city or town, enhanced economic stability for the private developer and a cleaner environment for all.
Related Questions
- How can a private property owner or developer take advantage of financial assistance offered by the Indiana Brownfields Program to assess and/or remediate contamination on a brownfield?
- How can a private developer take advantage of the states brownfields redevelopment program?
- What are state and local agencies doing to aid Brownfields redevelopment?
