Recent Examples of brownfield from the Web
The project was awarded about $11 million in low-income tax credits, another $5 million in funding through the affordable housing program, and $2.1 million in brownfield remediation funding.
State taxpayers also are taking a major stake in the venture, with CRDA loans totaling $15.5 million and $4 million in state brownfield — or pollution cleanup — loans.
The last two years have been spent remediating the brownfield site, which was home of a diesel power generating plant for the city until 1958, Rinehart said.
Along the pretty path, check out sculptures, a 15,000 square foot fountain (yep, feel free to cool off), the country's largest free outdoor climbing wall, and the Scioto Audubon, a blighted brownfield transformed into a bird-watching hotspot.
Taxpayers could also deduct certain brownfield expenditures.
Additional tax savings would have come from various state and local tax breaks for creating jobs, cleaning up a brownfield location and similar existing programs permitted under state law.
The health fund also invests in greenfield and brownfield projects unlike standard private equity funds and so the timing of the deployment of capital is less predictable, Abraaj said.
Where there is brownfield of Beckjord, Clermont County leadership envisions a mix of commercial and recreational businesses that are environmentally safe.
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