Would the costs of redeveloping a property for reuse be eligible for State reimbursement?
No, the cost of redeveloping a property for reuse would not be eligible for State assistance under this program. However, it is possible that a municipality could recover its redevelopment costs, for example, upon recovery of money from federal payments, responsible or private party payments, or the sale or lease of the property if the total recoveries exceed the environmental restoration project cost.
