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EXPERTS
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Susan Boyle
Bob Blauvelt of GEI Consultants provided an update to real estate and environmental professionals last week and we thought we'd share his recap of brownfields funding, the Licensed Site Remediation Professionals program and anticipated changes to the ASTM 1527-05 Phase 1 Environmental Site Assessment process.
Brownfield Funding: NJ has funded 1581 projects worth $297M over the past 17 years. Currently 250 applications for brownfield funding are pending (valued at $74M). $23M remains in the fund and there is a projected fiscal 2012 appropriation of $13.6M. Take out those calculators: there is a shortfall of about $38M, and that is just for the applications that have been waiting. That doesn't take into account new applications (although both NJDEP and EDA did close the fund to new applications and stop processing applications while the Fund' health or lack thereof is sorted out).
Should the Fund pay based on a first application in/first out schedule? Or, knowing that the funding is limited,...
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Renewal Magazine
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Industry Profiles
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Julie Byrd Atlanta
Scientist III/Client Development, Brown & Caldwell consulting firm
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Scott Bailey British Columbia
Manager, Brownfields and Program Development, Ministry of Agriculture
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Brownfield Stateside Report
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by Staff Report
In Michigan, some are predicting a better business climate for redevelopment and regulatory closure of contaminated properties thanks to a bill Michigan Governor Rick Snyder was scheduled to sign last week. The new regulations should have a positive impact on commercial real estate development and brownfields redevelopment resulting in the creation of jobs. |
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Industry Events
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Industry Experts
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Susan Boyle
Mt. Laurel
Senior Environmental Practice Leader, GEI Consultants
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