Register to Attend the Latest Public Meetings on the EPA Brownfields Grant Program in Fulton County NY.
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Assessing and remediating a brownfield site leads to new development opportunities, which enhances neighborhood property values and increases the municipal tax base.
Redeveloped properties may also create more walkable communities, helping residents who might not have access to vehicles have safer access to schools, hospitals, and grocery stores. An additional benefit is the ability for a municipality to generate funds through an increase in local taxes. This growth and renewal can create jobs. Two recent studies indicated cleaning up brownfield sites can lead to a 5-15 percent increase in value of properties located 1.29 miles from a site.