[CPEO-BIF] New York State proposes amended Brownfield Cleanup Program Regulations

[Lenny Siegel <LSiegel@cpeo.org>]

News Release
New York State Department of Environmental Conservation
June 9, 2015

Environmental Remediation - Brownfield Cleanup Program Proposed  
Regulations 6 NYCRR Part 375 - Amendments to Brownfield Cleanup Program
DEC is proposing to revise 6 NYCRR Part 375, Environmental  
Remediation Programs. DEC is revising these regulations to meet the  
statutory mandates in Part BB of Chapter 56 of the Laws of 2015,  
which amended and added new language to Environmental Conservation  
Law (ECL) Article 27, Title 14 (Brownfield Cleanup Program, BCP) and  
certain other laws.

The Notice of Proposed Rule Making will be available in the June 10,  
2015 issue of the State Register. Written public comments will be  
accepted by DEC from June 10 through August 5, 2015.

This rule making will amend Part 375 to add two new definitions, one  
for "affordable housing project" and a second for "underutilized".  
The new BCP law directs DEC to define the terms in regulation and  
publish the "affordable housing project" definition in the State  
Register. The statutory changes to the BCP will become effective on  
July 1, 2015.

These definitions, along with the other criteria for eligibility for  
tangible property tax credits (the site's location in an EnZone or  
the site meeting the statutory definition of "upside down"), will be  
used to determine whether a site in New York City will be eligible  
for those credits. The "affordable housing project" definition will  
also be used statewide to determine a site's eligibility for the five  
percent affordable housing tax credit bonus.

...

For the entire release and links, see
http://www.dec.ny.gov/regulations/101908.html

--

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

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