Whats the difference between a Brownfields Comfort Letter and a Brownfields Site Status Letter?
Brownfields Comfort Letters and Brownfields Site Status Letters are valuable tools that can be used to address liability issues preventing brownfields transactions and redevelopment. A Brownfields Comfort Letter explains a specific liability exemption established by statute or IDEM policy and applies the exemption to the site and letter recipients. In this way, a Brownfields Comfort Letter may eliminate unnecessary liability concerns for a site with no liability for current or future users. In a Brownfields Site Status Letter, IDEM compares site conditions to objective, risk-based cleanup standards. While a Brownfields Site Status Letter is not a release from liability, it may serve to minimize and qualify the exposure to risk for remaining liability at a site. Where can I find information on financial and technical resources that are available beyond what IDEM and the Indiana Development Finance Authority provide? The appendices in the Indiana Brownfields Redevelopment Resource Guide