A new rule establishing clear federal standards for the processes used to assess properties for environmental contamination is expected to encourage more urban redevelopment.
The All Appropriate Inquiries rule was announced Nov. 2 at the Brownfields Conference in Denver, Colo., by Stephen L. Johnson, administrator of the Environmental Protection Agency (EPA). The rule was published Nov. [...]
When presented with the question of what to do with a contaminated property in the heart of its historic downtown, the city of Newberg, Ore., didn’t turn and run. Rather, it stepped up to the challenge.
If the city hadn’t taken the property off the previous owner’s hands, the former car lot that sits across from [...]
Time appears to be running out on a federal tax incentive available to private investors cleaning up brownfield sites.
Under the federal Brownfields Tax Incentive, environmental cleanup costs are fully deductible in the year they are incurred, rather than having to be capitalized. The tax incentive is not a tax credit, nor is it available to [...]
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