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Additional Resources

A Guidebook of Financial Tools: Paying for Sustainable Environmental Systems
(
http://www.epa.gov/efinpage/guidebook/guidebooktp.htm) has been produced by the Environmental Financial Advisory Board and the Environmental Finance Center Network. "Section 9 - Tools for Financing Brownfields Redevelopment" evaluates financing tools that the federal government, states, communities, and private sectors can use to finance brownfields cleanup and redevelopment. For each of the following 23 tools, the Guidebook includes a description, actual use, potential use, advantages, limitations, and a reference for further information:
  • Brownfields Cleanup Tax Deduction
  • Clean Land Fund (Revolving Fund)
  • Community Development Financial Institutions
  • Empowerment Zones/Enterprise Communities
  • Environmental Insurance
  • Environmental Liability Releases/Agreements
  • EPA: Brownfields Assessment Demonstration Pilots
  • EPA: Brownfields Workforce Development
  • EPA: SRF (State Revolving Funds) Brownfields Loans (Clean Water)
  • EPA: Superfund Trust Fund
  • Environmental Risk-Management (Real Estate)
  • Federal Assistance Programs
  • Industrial Development Funds
  • Land Reclamation Banks
  • Land Recycling Companies
  • Property Parcelization
  • Qualified Empowerment Zone Facility Bonds
  • Real Estate Investment Trusts
  • State Voluntary Cleanup Programs
  • Tax Abatements
  • Tax Incentives
  • Tax Increment Financing
  • Transferable Development Rights

 

Brownfields Funding Mechanisms (http://www.epa.gov/brownfields/funding.htm) provides suggestions for leveraging brownfields funding sources and definitions of several funding mechanisms commonly used for brownfields activities.

 

Environmental Finance Program (http://www.epa.gov/efinpage/), developed by the EPA, assists communities in their search for creative approaches to funding their environmental projects. The Environmental Finance Program provides financial technical assistance to the regulated community, and advice and recommendations to the EPA on environmental finance issues, trends, and options.

 

Find Grant Opportunities (http://www.grants.gov/applicants/find_grant_opportunities.jsp) provides organizations with the ability to search for federal government-wide grant opportunities.


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