Waste Site Cleanup & Reuse in New England
Funding by States
Connecticut Development Authority/Connecticut
partner agencies offer direct loan, loan guarantee, and tax credit/abatement programs which can provide financing for a variety of business and economic development activities including assessment, remediation, and redevelopment of contaminated properties.Connecticut Department of Economic and Community Development
has a Remediation and Insurance Fund program, which provides grant and loans to support site investigation, lead abatement, asbestos removal, and building demolition activities.
Maine Department of Environmental Protection
provides technical assistance, grants, and loans for complying with environmental regulations, conducting site assessments, water pollution control efforts, and constructing wastewater treatment and collection facilities.
Massachusetts Governor's Office for Brownfields has produced Ideal Locations: Massachusetts Moving to Reclaim Idle Industrial Properties
a comprehensive brownfields guidance document with information on municipal tax incentives and state tax credits, environmental insurance, and loans and grants for site assessments and remediation actions.
Rhode Island Department of Environmental Management, Division of Planning and Development
offers grants for the development of recreation facilities.Rhode Island Economic Development Corporation
provides bonds, loans, insurance, and tax credits for the development, expansion, or rehabilitation of manufacturing, processing, and commercial facilities.
Vermont Department of Housing and Community Affairs, Division for Historic Preservation
offers a 20% federal tax credit for costs associated with the rehabilitation of historic buildings. This is part of a larger program under the Downtown Development Act, which also provides planning grants for contaminated sites.