Nc Brownfield Agreement

The following benefits are specific: Although the Brownfields public program does not have up front funding for private potential developers, a Brownfields agreement obtained from the program gives the developer a property tax exemption for improvements to the property for a period of five years. This exclusion can be more than paid for the assessment and remediation activities of many projects. For more information about the app, see the frequently asked questions about tax stimuli. Learn more about working with Brownfields property owners to maintain safe reuse and compliance on an ongoing basis This is one of the key differences between Brownfields programs at the federal and regional level. The only category of location prohibited by law to participate in the Brownfields program is that listed on the National Priority List (NPL). These sites are subject to EPO remediation under the federal CERCLA programme and are excluded from obtaining a brownfields agreement in accordance with the Brownfields Property Reuse Act. There are only about fifty NPL sites in North Carolina. Sites that are not yet in the NPL, but are known as the “NPL caliber” at the time of application, may or may not be on the path to inclusion in the NPL. These websites are not automatically allowed to participate, but the programme may need to consult EPO Region 4 about an authorisation decision. Headwater is highly experienced in all aspects of environmental assessment, management and rehabilitation of Brownfields. Our team works seamlessly within ncbp to develop cost-effective assessment and management strategies for you, and we have successful agreements on some of the most complex and transformative Brownfields projects in North Carolina. The timeline varies, but it is usually shorter than the completion time of traditional cleaning programs developed for responsible parties. Location-specific factors (e.g.B.

website complexity, developer ability to respond to data requests, negotiation needs, and others) and program capacity at the time of application influence the timelines for getting an agreement. . . .