News & Analysis as of

Remediation Brownfield Properties Redevelopment

Kohrman Jackson & Krantz LLP

Ohio Brownfield Remediation Program: Increasing Economic Potential Through Incentivized Community Investments

Ohio recently announced the first round of grant awards for the state’s Brownfield Remediation Program. Ohio dedicated nearly $350 million for the program administered by the Ohio Department of Development through the 2021...more

Cole Schotz

NJEDA Announces New Funding Source For Brownfields Redevelopment Projects

Cole Schotz on

The New Jersey Economic Development Authority (NJEDA) just announced that it has created a new loan program to provide low-interest financing for the remediation of brownfields sites. The new program, called the Brownfields...more

Beveridge & Diamond PC

Case Closed: Nonprofits Eligible for Brownfields Tax Credits for Pre-2006 Cleanups

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Massachusetts’ top court has given finality to a 2017 ruling by the Massachusetts Appeals Court that nonprofits are eligible for transferrable brownfields tax credits for remediation conducted prior to 2006. By denying...more

Goulston & Storrs PC

Are You Getting All of Your Brownfields Tax Credits?

Goulston & Storrs PC on

While Massachusetts first created a Brownfields tax credit in 1998 to encourage the redevelopment of Brownfields sites, until recently, this very useful tax credit was in danger of becoming history. ...more

Beveridge & Diamond PC

Nonprofit Universities Eligibility for Brownfields Tax Credits, Massachusetts Appeals Court Confirms

Beveridge & Diamond PC on

Nonprofits are eligible for transferrable Brownfields tax credits for remediation conducted prior to 2006 according to a recent ruling by the Massachusetts Appeals Court. As we previously reported in March 2016, the...more

Beveridge & Diamond PC

Connecticut Launches New and Incentivized Brownfields Program

Beveridge & Diamond PC on

On October 31, Governor Dannel Malloy signed into law Connecticut’s bipartisan budget bill, which provides for a tax incentive plan to support brownfields remediation and reuse. The new plan, called the 7/7 Brownfields...more

Holland & Knight LLP

CT Creates New Brownfields Program, Adopts Brownfields Tax Credit

Holland & Knight LLP on

Buried in an 881-page budget bill passed Thursday by the Connecticut General Assembly was a new program to support remediation and reuse of brownfields – properties long contaminated and underutilized – as well as new job...more

McDermott Will & Emery

Seeing Green: New York’s Reformed Brownfields Cleanup Program Creates Opportunities for Redevelopment to Generate Refundable Tax...

McDermott Will & Emery on

Now is the time to begin brownfield redevelopment projects in the State of New York. Reauthorization of and reforms to New York’s Brownfields Cleanup Program, which provides tax credits to redevelop contaminated properties,...more

Burr & Forman

Recent Projects Indicate Oppertunities for Redevelopment of Brownfields

Burr & Forman on

Our firm has recently represented clients in two projects associated with brownfields that may signal an increased willingness on the part of regulatory authorities to facilitate redevelopment of contaminated properties. ...more

Akerman LLP

Florida's Brownfields Program Shows Record Participation, Provides Key Incentives for Cleanup & Redevelopment

Akerman LLP on

The Florida Department of Environmental Protection (FDEP) released its annual Brownfield report this month, reporting record levels of participation in Florida's Brownfield program. Brownfields are sites with actual or...more

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