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Wisconsin REALTORŪ
August 2000
Volume 16, Number 11
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New Brownfields Resource
Guide is Available
Wisconsin currently has over 10,000 brownfield properties that
suffer from environmental contamination. While most of these
properties are located in urban neighborhoods, they are also found in
rural areas. Many are located in the most desirable areas of the
community, but lie dormant due to the solvents, oils, and other toxins
that have been carelessly discarded on the land. These properties have
always offered tremendous investment potential, but the financial
costs and potential liability associated with the environmental
cleanup, in the past, has served as a deterrent.
Over the last few years, governments at all levels have begun to
recognize that remediation and revitalization of these sites is vital
to the viability of our communities, and numerous programs have been
created to encourage their cleanup.
To assist in the redevelopment of brownfield properties, the
Wisconsin departments of Commerce and Natural Resources have jointly
produced a publication that describes the broad range of grants, loans
and tax incentives available to finance these cleanup projects, as
well as eligibility criteria, amount of funding available, permitted
use of funds and contact information.
The publication is titled Financial Resource Guide for Cleanup
& Redevelopment and is available free from the DNR
Web Site.
Alternatively, you can call the toll-free number (800) 367-6076.
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