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Photo courtesy of www.pedbikeimages.org
/ Dan Burden |
Brownfields are abandoned or underutilized lands that were former
industrial or commercial properties that suffer from real or perceived
environmental contamination. One of the advantages of brownfields,
for development purposes, is that they offer the opportunity to
purchase land below prevailing prices. These sites are often located
in prime locations, such as near central business districts, waterfronts,
or in existing neighborhoods with access to adequate infrastructure,
transportation and other services. Redeveloping these sites for
businesses and other enterprises can be an important opportunity
to transform an underused area into a thriving, productive part
of the community.
Grants to assess, clean up, and redevelop brownfields are sponsored
by federal agencies, such as the U.S. Department of Commerce,
the Environmental Protection Agency, and the Department of Housing
and Urban Development. The State of New York also provides funding
through its Municipal Brownfields
Program.
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