There are two exciting redevelopment opportunities coming up;
Upcoming Webinar: How Opportunity Zones Can Support Brownfields Redevelopment
There are many financing tools and incentives available that can help communities address the challenge of financing brownfields redevelopment. From tax-exempt bonds to district-based financing to revolving loan funds, the financing for brownfields redevelopment is often layered with multiple financing tools to produce the final project capital stack. With the passage of the 2017 Tax Cuts and Jobs Act, communities now have a new federal incentive in their toolbox: Opportunity Zones. During a webinar on May 21, 2019 at 2 p.m. ET organized by The Kansas State University Technical Assistance to Brownfields, The Center for Creative Land Recycling, and the Council for Development Finance Agencies, panelists will explore how communities are preparing themselves for Opportunity Zone investments and how this emerging industry is beginning to mold its first deals. Speakers will also examine how communities across the U.S. are integrating these new strategies with current and future redevelopment plans, with a specific focus on brownfields sites. Click here to learn more and to register for this free webinar.
New Federal Planning Assistance Program to Focus on Main Street Redevelopment through Outdoor Recreation Initiatives
Recreation Economy for Rural Communities is a new planning assistance program from the U.S. Forest Service, the Northern Border Regional Commission, and the Environmental Protection Agency to help communities develop strategies and an action plan to revitalize their main streets through outdoor recreation. Outdoor activities are increasingly popular across the United States, and communities can take advantage of this trend to revitalize main streets. By conserving forests and other natural lands and making them available for outdoor recreation, small towns can boost air quality and water quality and focus development downtown. Communities are invited to apply for planning assistance; the application deadline is May 31, 2019. Click here to learn more and to apply.
