Dirty Property

Insights and Thoughts on Environmentally Impacted Commercial and Industrial Property

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Entries Tagged as 'Incentive programs'

Brownfield Funds Available

August 6th, 2010 · No Comments

The U.S. Environmental Protection Agency has announced that $1.4 million is being awarded for cleanup efforts at contaminated California sites known as brownfields. Both the California Department of Toxic Substances Control and City of Sacramento were chosen to receive the grant funds. A brownfield is a parcel of land where hazardous substances or pollutants are [...]

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Tags: Environmental · Incentive programs · Redevelopment

Orphaned Site Cleanup Fund

June 17th, 2009 · 1 Comment

The Underground Storage Tank (UST) Orphan Site Cleanup Fund Program (OSCF) administered by the State Water Resources Control Board (SWRCB) through the federal stimulus program, the American Recovery & Reinvestment Act (The Stimulus Package) is now accepting applications from eligible applicants that meet established requirements and are ready to move forward with cleanup activities. The [...]

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Tags: Environmental · Incentive programs · Redevelopment

Economic Stimulus Package

February 18th, 2009 · No Comments

The U.S. House of Representative’s version of the American Recovery and Reinvestment Act of 2009, better known as the economic stimulus plan includes A number of programs directed toward the redevelopment of Brownfield sites.  The specific direction of these funds includes: • Superfund Hazardous Waste Cleanup: $800 million to clean up hazardous and toxic waste [...]

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Tags: Environmental · Incentive programs · Redevelopment · Transaction

Tesla Motors Will Use a Brownfield Site for Their New Plant

February 5th, 2009 · No Comments

It appears as though Tesla Motors will be shopping for a brownfield site with an existing building for thier new Model S sedan plant.  The electric automaker had formerly planned to use a vacant property in Silicon Valley for the plant, but with the cost of construction rising, the demand for vehicles falling, and the [...]

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Tags: Environmental · Incentive programs · Redevelopment · Transaction

City of San Bernardino Economic Development Agency Awarded $400,000 EPA Brownfields Grant

July 17th, 2008 · No Comments

The Economic Development Agency (EDA) of the City of San Bernardino has been awarded $400,000 in grant funding from the United States Environmental Protection Agency (EPA) to develop an inventory of potential and actual Brownfields sites contaminated by hazardous substances and/or petroleum, to conduct environmental site assessments, and to support community outreach activities. A Brownfields [...]

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Tags: Environmental · Incentive programs · Redevelopment

New Groundwater Incentive Program

December 19th, 2007 · No Comments

The Sate Water Resources Control Board has launched a new program to provide low-interest loans for projects that benefit the State of California and local entities. The specific types of projects that the program will support include: Construction of wastewater treatment and water recycling facilites; Implementation of nonpoint source projects and programs; Development and implementation [...]

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Tags: Incentive programs · Water Quality

Welcome!

October 4th, 2007 · No Comments

Welcome to my blog! My name is David McAlister, thanks for stopping by and checking out my blog. Here I will post my thoughts and impressions on the commercial and industrial real eastate market, specifically propety where the soil and/or groundwater has been adversely impacted in some way and requires environmental scrutiny. To put it [...]

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Tags: Incentive programs · Redevelopment · Soil Quality · Transaction · Water Quality