NYC Brownfield Program To Announce New Financial Incentives

The New York City Office of Environmental Remediation (OER) will be announcing new financial benefits and other incentives for its landmark NYC Brownfield Program at a workshop on November 9th. The new benefits will include the following:

  • New: $590,000 in Federal grants to be available for environmental investigation
  • New: Certification now available to enable deduction of cleanup costs on IRS filings under Federal 198(a)
  • New: New tools to make hardship claims for greater buildable area to cover brownfield cleanup costs
  • New: Launch of OER Green Team to assist acquisition of permits from city agencies for cleanup projects
  • Update on existing financial incentives and how to get grants faster

The workshop is a breakfast event that will take place between 8 am and 10. Registration is free. You can register online for the workshop by clicking this registration form link or by going to the OER website at www.nyc.gov/oer

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