Brownfields Left Field Funding Brownfields Funding Puzzle Brownfield projects are complicated real estate deals that typically require multiple funding sources Non-traditional sources of brownfield money exist. You just need to know where to look! EPA Brownfield Grants • Annual national competition every fall • Area wide planning, assessment, cleanup, revolving loan fund, and job training grants • Provides seed funding for brownfield projects National Grid Brownfield Redevelopment Assistance Program National Grid offers grant funding to brownfield projects within the utility’s service territory Eligible Applicants: Municipalities, local development corporations, non-profits working in tandem with a municipality, and owners/developers of brownfield sites National Grid Brownfield Redevelopment Assistance Program Eligible costs: Utility related infrastructure improvements, building demolition, Phase I and II ESAs, and other costs to progress brownfields redevelopment Award Amounts: Grants up to $300,000 and can be used for up to twenty-five percent (25%) of eligible project costs Maximum funding for investigations is $25,000 Website: http://www.shovelready.com/programs.asp New York State Electric and Gas Rochester Gas and Electric Up to $500,000 available to encourage the redevelopment of a brownfield site or vacant building. Funds are for electric-related infrastructure improvements and may not be used for the remediation of the site. www.lookupstateny.com/AssistanceAndIncentivePrograms/nysegprograms.html National Fuel NY Area Economic Development Program National Fuel Service Territory Grants for natural gasrelated infrastructure projects that will stimulate economic activity and redevelopment at sites in National Fuel's service area. http://www.nationalfuelgas.com/utility/ForBusiness/NY/ecodev.aspx THANK YOU! Contact Information Amy E. Fisk, AICP, Senior Planner Niagara County Department of Economic Development President, Niagara County Brownfield Development Corporation Phone: (716) 278-8750 Email: [email protected]
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