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Partnership’s October, 2021 Report on NYS State Brownfield Cleanup Program and Tax Credits

3 Jan 2022 2:51 PM | Anonymous member (Administrator)

Provides Substantial Data for Letter to NYS Governor 

The NYCBP joined with  eleven other environmental, business, and social justice organizations from throughout NYS to inform Gov. Hochul  of the importance pf a long-term reauthorization of the Brownfields Cleanup Program.  You can find the letter here.  All of these important organizations are relying on the Partnership’s report, which quantifies the number of cleanups under the program and the on-site rate of return ratio of $6.63 in private development for every $1 of tax credits. For the entirety of the BCP,  $17.61 billion in private investment has resulted from  $2.77billion in tax credits.

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