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Brownfield Redevelopment

Brownfield Remediation and Redevelopment

The Ashtabula County Port Authority can offer a company seeking remediation of environmental hazards the opportunity to qualify for public funding. Combined state and federal funding can help make your remediation project a success.

Potential Benefits of Brownfield Redevelopment

  • Increased value of formerly idle and actively used property

  • Savings from reuse of existing site and infrastructure

  • Preservation of remaining arable land

  • Increased community green space

Funding Sources for Brownfield Redevelopment

Local

  • Development Finance Authority Bonds

  • Tax-Increment Financing (TIF)

  • Remediation Tax credits

State

For information on the State of Ohio Brownfield assistance

contact: TeamNEO/Cleveland+ – Christine Nelson 216-363-5414

Federal

  • Environmental Protection Agency Loans and Grants

  • Department of Housing and Urban Development Funding

    • ​The Brownfields Economic Development Initiative (BEDI) is a key competitive grant program that HUD administers to stimulate and promote economic and community development. BEDI is designed to assist cities with the redevelopment of abandoned, idled and underused industrial and commercial facilities where expansion and redevelopment is burdened by real or potential environmental contamination.