Brownfield Tax Incentive Program

The Brownfield Tax Incentive Program encourages the redevelopment of contaminated or underused properties, known as brownfields, by providing financial benefits. These incentives typically include property tax reductions or credits to offset the costs of cleanup and development. By making it more affordable for businesses and developers to restore these sites, the program aims to revitalize communities, promote economic growth, and improve environmental quality. Essentially, it helps transform neglected areas into valuable spaces, fostering investment and job creation while addressing environmental concerns.