Catalyzing Investment in Urban Sustainability
U.S.-Brazil Joint Initiative on
Urban Sustainability

Finance

Local, State, & National Policy

Brownfield Cleanup Tax Expensing Incentive

The tax Incentive, targeted to private site owners, allows recovery of cleanup costs in the year incurred, rather than having to be capitalized over time (up to 30 years for many projects).

CEPACs

Certificates of Potential Additional Construction (CEPACs) are a method of leveraging private dollars to finance public investment in neighborhood revitalization through a process of rezoning and construction permit auctions.

Public Grant and Incentive Programs

Federal, state, and local governments often offer a range of grant and incentive programs to motivate and support activities, such as environmental protection, clean energy, urban infrastructure, and sustainable communities development.

Public-Private Partnerships for Urban Sustainability

A public-private partnership is an agreement between a public agency (federal, state, or local) and a private-sector entity that uses the specific skills and assets of each sector for the delivery of a service or facility used by the general public.

Stormwater Credit Program

The Philadelphia Stormwater Regulations provide the legal measures for implementing stormwater billing. The Gross Area and Impervious Area of a property are used to determine the Stormwater Management Services (SWMS) Charge.

Tax Credits and Incentives to Promote Sustainability

Governments have often used tax credits or incentives to motivate or increase investment in a particular sector or area.

Tax Increment Financing (TIF)

As is evident in major cities around the United States, TIF can be a valuable public finance tool for redevelopment projects.

Transit Revitalization Investment District (TRID)

In 2004, the state of Pennsylvania passed the TRID Act.