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.