EPA Selects Five Projects in Kentucky to Receive $1.7 Million for Brownfields Cleanup and Assessment
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"We are very pleased to have received this assessment grant and feel that it will have a significant impact on the revitalization of some of our most historic buildings," said Mayor
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Grants awarded by
* Increase Local Tax Revenue: A study of 48 brownfields sites found that an estimated
* Increase Residential Property Values: Another study found that property values of homes near revitalized brownfields sites increased between 5% and 15% following cleanup.
Background
A brownfield is a property for which the expansion, redevelopment, or reuse may be complicated by the presence or potential presence of a hazardous substance, pollutant, or contaminant. There are estimated to be more than 450,000 brownfields in
The next
List of the FY 2020 applicants selected for funding: https://www.epa.gov/brownfields/applicants-selected-fy-2020-brownfields-assessment-revolving-loan-fund-and-cleanup-0
For more on the brownfields grants: https://www.epa.gov/brownfields/types-brownfields-grant-funding
For more on
For more information about
For information on the studies related to the Brownfields Program's environmental and economic benefits: https://www.epa.gov/brownfields/brownfields-program-environmental-and-economic-benefits.
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