2013 CPEO Brownfields List Archive

From: Lenny Siegel <lsiegel@cpeo.org>
Date: Sun, 21 Apr 2013 10:34:22 -0700 (PDT)
Reply: cpeo-brownfields
Subject: [CPEO-BIF] Michigan "State DEQ: Brownfield loan program underused"
 
State DEQ: Brownfield loan program underused

by Lindsay VanHulle
Lansing State Journal (MI)
April 20, 2013

The state has close to $5 million available to loan to clean up old gas stations, trucking centers and other contaminated sites for redevelopment.

But it doesn't have as many takers as it would like. It says the economy has left some local governments skittish about applying.

The Department of Environmental Quality offers a brownfield loan program for municipalities to borrow money and front it to developers for expensive contamination cleanup. But many governments are averse to taking on additional financial risk when their general fund budgets are struggling due to continued declining property tax collections and rising costs, said Sue Erickson, assistant division chief for the DEQ’s remediation and redevelopment division.


...

For the entire article, see
http://www.lansingstatejournal.com/article/20130420/BUSINESS/ 304200052/State-DEQ-Brownfield-loan-program-underused

You may need to copy and paste the link.

--

Lenny Siegel
Executive Director, Center for Public Environmental Oversight
a project of the Pacific Studies Center
278-A Hope St., Mountain View, CA 94041
Voice: 650/961-8918 or 650/969-1545
Fax: 650/961-8918
<lsiegel@cpeo.org>
http://www.cpeo.org

_______________________________________________
Brownfields mailing list
Brownfields@lists.cpeo.org
http://lists.cpeo.org/listinfo.cgi/brownfields-cpeo.org

  Prev by Date: [CPEO-BIF] Niagara Iron Works, North Tonawanda, New York
Next by Date: [CPEO-BIF] Comptroller's report on New York State's Brownfield Cleanup Program
  Prev by Thread: [CPEO-BIF] Niagara Iron Works, North Tonawanda, New York
Next by Thread: [CPEO-BIF] Comptroller's report on New York State's Brownfield Cleanup Program

CPEO Home
CPEO Lists
Author Index
Date Index
Thread Index