Thursday, March 7, 2013
Brownfields Utilization, Investment, and Local Development (BUILD) Act of 2013 - Introduced!
The “Brownfields Utilization, Investment, and Local Development (BUILD) Act of 2013” would
improve the existing grant process by increasing the limit for cleanup
grants and expanding grant eligibility for certain publicly owned sites
and non-profit organizations. The bill would authorize EPA to make
multi-purpose grants, which provide greater certainty for long-term
project financing. In addition, the legislation identifies
opportunities for waterfront properties and brownfield sites appropriate
for clean energy development, allows grant recipients to collect
administrative costs, and provides technical assistance to small, rural,
and disadvantaged communities. States would also be eligible for
additional targeted funding. Finally, the bill would reauthorize the
program at current levels through FY 2016.