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By Evans Paull
In our first article on tax increment financing (TIF) for brownfield
redevelopment (Brownfield News, April 2007), we reviewed how certain states have structured brownfield incentives to work
with local TIF projects. In this article, we review other ways to get over the
mismatch between brownfield projects and the use of the private bond market for
a TIF: through the use of certain federal funds, and through private equity,
usually brought to the table by entities that specialize in brownfield
financing.
Federal Programs and TIF
Two federal programs—HUD 108 and EPA’s Brownfields Cleanup Revolving Loan Fund (BCRLF)—have been successfully matched with TIF financing on brownfield sites.
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Renewal Magazine
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With the Washington budget showing no signs of a quick-and-easy resolution, federal brownfields programs are unlikely to get much of …
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Brownfields and crop development—for the express intent of producing foods—are concepts that have always been strange bedfellows. Mutually exclusive. An…
At this abandoned, blighted factory—consisting of 187,227 square feet in 21 different structures on 13.5 acres in the three…
PROJECT GOAL: To revitalize land that had been sitting idle for years by putting the property back into productive…
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Industry Profiles
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Amy Steinmetz Montana
Petroleum Brownfields Coordinator, Montana DEQ
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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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by VeruTEK
A property located on a bank of the East River and in a densely developed residential and commercial area, had its work cut out for it from an environmental remediation standpoint. The mission was to clean up the land and ultimately make one puzzle piece to a larger urban revitalization project that would be redeveloped as a public library and park ranger station.
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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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