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Trump Proposes New Funding Options for Superfund, Brownfields

22 Feb 2018 10:48 AM | Anonymous member (Administrator)

Environmental due diligence is a critical component of any property transaction where potential environmental risks are a concern—minimize risks and protect yourself from…

by Sylvia Carignan, BNA Environmental Due Diligence Guide

President Donald Trump’s sweeping infrastructure plan proposes to rewrite long-standing funding options for cleaning up brownfields and superfund sites.

The plan, released Feb. 12, seeks new ways to provide federal funding for contaminated site cleanup, potentially speeding progress toward redeveloping those sites. At the same time, the president’s budget plan would slash the traditional funding route for brownfields.

The proposed infrastructure reforms would create new loan and grant programs but also require legislative action.

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