A Grant Could Offset Your Brownfield Clean-Up Costs

Sometimes the best property in town is a brownfield. You can use existing infrastructure, it’s near downtown, it’s near your end users, and the price is right. The benefits are clear. But what about the added cost for brownfield clean-up?

You may be able to offset costs of environmental remediation with a grant from the Wisconsin Economic Development Corporation (WEDC).

WEDC provides grants to individuals, businesses, local governments, and nonprofit organizations to help them redevelop commercial and industrial properties that have environmental contamination. The property is eligible for the grant if the party that caused the environmental contamination is unknown, can’t be located, or is unable to pay for the clean-up. The contamination must be documented by Phase 1 and Phase 2 environmental site assessments.

Grant Eligible Activities

• Environmental investigation, monitoring, and remediation of soil, groundwater, and vapor contamination
• Demolition
• Removal or capping of contaminated soil
• Installation of vapor barrier and venting systems

Grant recipients must provide at least 50% of the funds needed for the eligible activities, but generally, due to program demand, recipients provide a minimum of 70% of eligible project costs....

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Ken Notes: These could go away in future budget cycles - look into this now....