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BROWNFIELDS: PROPERTIES WITH NEW PURPOSE — IMPROVING LOCAL ECONOMIES IN COMMUNITIES WITH BROWNFIELD SITES
U.S. EPA, Office of Brownfields and Land Revitalization, Washington, DC.
EPA 560-R-19-003, 16, 2019
EPA's Brownfields Program empowers states, tribes, communities, and other stakeholders to work together to prevent, assess, safely clean up, and sustainably reuse brownfields. Revitalizing brownfield sites creates benefits throughout the community. Since 1995, EPA's Brownfields Program has cleaned up 1,816 properties; attracted 144,800 jobs; and made 80,952 acres ready for anticipated reuse. Through fiscal year 2018, on average, $16.86 was leveraged for each EPA brownfield dollar, and 8.6 jobs were leveraged per $100,000 of EPA brownfields funds expended on assessment, cleanup, and revolving loan fund cooperative agreements. Results of five pilot studies show a 32-57% reduction in vehicle miles traveled when development occurred at a brownfield site rather than a previously undeveloped site. Fewer vehicle miles traveled mean a reduction in pollution emissions, including greenhouse gases. These same site comparisons show an estimated 47-62% reduction of stormwater runoff for brownfield site development. A 2017 study concluded that cleaning up brownfield properties led to residential property value increases of 5% to 15.2% within 1.29 miles of the sites. Analyzing data near 48 of those brownfield sites, another study found an estimated $29-$97 million in additional tax revenue for local governments in a single year after cleanup—2 to 7 times more than the $12.4M EPA contributed to the cleanup of those sites. https://nepis.epa.gov/Exe/ZyPURL.cgi?Dockey=P100XWBS.txt
EPA 560-R-19-003, 16, 2019
EPA's Brownfields Program empowers states, tribes, communities, and other stakeholders to work together to prevent, assess, safely clean up, and sustainably reuse brownfields. Revitalizing brownfield sites creates benefits throughout the community. Since 1995, EPA's Brownfields Program has cleaned up 1,816 properties; attracted 144,800 jobs; and made 80,952 acres ready for anticipated reuse. Through fiscal year 2018, on average, $16.86 was leveraged for each EPA brownfield dollar, and 8.6 jobs were leveraged per $100,000 of EPA brownfields funds expended on assessment, cleanup, and revolving loan fund cooperative agreements. Results of five pilot studies show a 32-57% reduction in vehicle miles traveled when development occurred at a brownfield site rather than a previously undeveloped site. Fewer vehicle miles traveled mean a reduction in pollution emissions, including greenhouse gases. These same site comparisons show an estimated 47-62% reduction of stormwater runoff for brownfield site development. A 2017 study concluded that cleaning up brownfield properties led to residential property value increases of 5% to 15.2% within 1.29 miles of the sites. Analyzing data near 48 of those brownfield sites, another study found an estimated $29-$97 million in additional tax revenue for local governments in a single year after cleanup—2 to 7 times more than the $12.4M EPA contributed to the cleanup of those sites. https://nepis.epa.gov/Exe/ZyPURL.cgi?Dockey=P100XWBS.txt
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