Brownfields funding increasing to $40M

Connecticut's Office of Brownfield Remediation and Development will have an extra $10 million to work with for the next two years to turn blighted land into productive properties once again.

Before the legislative session ended, the General Assembly unanimously increased the two-year funding for the office to $40 million, up from $30 million in the last two budget cycles.

The legislation also allowed the office to expand its program from state-owned brownfields to include formerly state-owned brownfields, allow municipalities to put together comprehensive plans for cleanup, and increase the authorized size of loans to $4 million per project.

Connecticut has put new emphasis on brownfield redevelopment since Gov. Dannel P. Malloy took office in 2011, including hiring a full-time director, Tim Sullivan, at the Department of Economic & Community Development to run the programming.

advertisement
  • Share on Facebook Share to Google Plus Share on LinkedIn Share on Twitter
Comments