{"id":4169,"date":"2017-05-04T00:00:00","date_gmt":"2017-05-04T00:00:00","guid":{"rendered":"https:\/\/amazingproperty.com.ng\/blog\/brownfield-funds-key-to-redevelopment\/"},"modified":"2017-05-04T00:00:00","modified_gmt":"2017-05-04T00:00:00","slug":"brownfield-funds-key-to-redevelopment","status":"publish","type":"post","link":"https:\/\/amazingproperty.com.ng\/blog\/brownfield-funds-key-to-redevelopment\/","title":{"rendered":"Brownfield Funds Key to Redevelopment"},"content":{"rendered":"

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The Environmental Protection Agency\u2019s Brownfields Program helps communities identify and remediate buildings and land that may be contaminated by environmental pollutants. Sites range from shuttered factories to small abandoned gas stations and are found in rural and urban areas all across the country.<\/p>\n

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Read more<\/strong>: Buyers Are on the Hunt for the ‘Healthy Home’<\/span><\/p>\n<\/blockquote>\n

The impact of cleanup projects can be significant for communities large and small, according to Colette Santasieri, executive director of the New Jersey Institute of Technology\u2019s Technical Assistance to Brownfield Communities Program. \u201cBrownfields sites are magnets for crime,\u201d she told attendees of the Main Street Now conference in Pittsburgh this week, adding that the polluted properties can also contribute to sprawl and hold back economic development.<\/p>\n

Santasieri noted that communities that make the effort to rehabilitate these parcels and put them back into use can see outsized returns due to the beneficial features of many brownfield sites, which are often located on waterways and hooked into basic infrastructure. \u201cWaterfronts are very popular with a high real estate<\/a> value,\u201d she said. Brownfields \u201clook like a lot of work\u2014and they are a lot of work. But they hold such opportunity for becoming a community asset.\u201d<\/p>\n

For now, EPA funds and other cleanup assistance continue to be available through the three regional brownfields programs that serve communities across the country, Santasieri told conference attendees. \u201cI am told that, right now, the plans are to still have a solicitation process for this year,\u201d she said, noting that this step typically takes place in autumn. But she added that the timing could change depending upon whether\u2014and in what manner\u2014Congress decides to cut EPA funding<\/a>, as the Trump administration suggested in its preliminary budget proposal.<\/p>\n

Asked whether the entire brownfields program could be shuttered, Santasieri said it was a possibility. \u201cAll of the EPA funding is at risk,\u201d she said, though she added she felt it wasn\u2019t the most threatened of the agency\u2019s offerings. \u201cThe brownfields program is not necessarily about environmental quality; it\u2019s about redevelopment, and I hope the new administration sees that.\u201d<\/p>\n

\u2014Meg White, REALTOR\u00ae Magazine<\/em><\/p>\n<\/div>\n<\/div>\n

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The Environmental Protection Agency\u2019s Brownfields Program helps communities identify and remediate buildings and land that may … Brownfield Funds Key to Redevelopment<\/span>Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":4170,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"jetpack_seo_schema_type":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[4],"tags":[1399,41,818,84,15282,842],"class_list":["post-4169","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-opportunities-in-new-markets","tag-development","tag-property","tag-real","tag-real-estate","tag-ross","tag-trump"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/05\/vodj0zXiunI","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":8391,"url":"https:\/\/amazingproperty.com.ng\/blog\/environmental-hazards-dont-quell-price-hikes\/","url_meta":{"origin":4169,"position":0},"title":"Environmental Hazards Don\u2019t Quell Price Hikes","author":"Amazing Property","date":"February 22, 2018","format":false,"excerpt":"Home prices in ZIP codes with the highest environmental hazard risk are appreciating at a faster pace than the overall housing market in the past year and over the last decade, according to ATTOM Data Solutions\u2019 2017 Environmental Hazards Housing Risk Index. EPA Definitions Used in the Study Poor air\u2026","rel":"","context":"In "Opportunities In New Markets"","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"Attom Data Environmental Risks.png","src":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2018\/02\/ATTOM-Data_environmental-risks.png?fit=769%2C710&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2018\/02\/ATTOM-Data_environmental-risks.png?fit=769%2C710&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2018\/02\/ATTOM-Data_environmental-risks.png?fit=769%2C710&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2018\/02\/ATTOM-Data_environmental-risks.png?fit=769%2C710&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":812,"url":"https:\/\/amazingproperty.com.ng\/blog\/17-3m-homes-at-environmental-hazard-risk\/","url_meta":{"origin":4169,"position":1},"title":"17.3M Homes at Environmental Hazard Risk","author":"Amazing Property","date":"February 16, 2017","format":false,"excerpt":"[ad_1] A whopping 17.3 million single-family homes and condos, with a combined estimated market value of $4.9 trillion, fall in ZIP codes with high or very high risk of at least one of four environmental hazards. 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