Brownfields in the News:

6/17/08: IFA approves second round of brownfield grants for SFY 2008

6/6/08: IFA celebrates "World Environment Day" by hosting Sustainability Workshop

5/27/08: Sustainability Workshop part of International "World Environment Day"

5/16/08: IFA Sustainability Workshop June 5:  Registration deadlines near, key leaders in sustainability to speak

4/22/08: Workshop to educate, help create new incentives for sustainable infrastructure

4/8/08: Indiana awarded $2M federal grant to address brownfields statewide

2/22/08: IFA approves first round of assessment through Trails and Parks Initiative

12/18/07: IFA approves first round of brownfield grants for SFY 2008

Click here to view brownfield-related news articles that have appeared in publications across Indiana.

Announcements:

Brownfields Tax Provisions Extended

The Emergency Economic Stabilization Act of 2008 (H.R. 1424, Section 318) recently enacted by Congress included a provision to extend the "Brownfields Expensing Deduction" through December 31, 2009. This tax incentive had previously sunset on December 31, 2007. The brownfields tax expensing law, Section 198 of the Internal Revenue Code, makes cleanup expenditures deductible in the year that the expenses were incurred. For more information about this federal tax incentive, see the Program's memo. Additional information on the federal tax incentive can be found at the following U.S. EPA Web site:

• http://www.epa.gov/swerosps/bf/bftaxinc.htm 

• Pending RFQs for other Indiana Finance Authority programs can be found at http://www.in.gov/ifa/2489.htm.
• Consultants currently qualified by the Indiana Brownfields Program

The Indiana Brownfields Program (Program) has changed the way that the Petroleum Remediation Grant incentive is administered, making it easier and faster for Indiana communities to assess and remediate petroleum-contaminated brownfields. The State of Indiana is now divided into seven regions, and an environmental consulting firm has been assigned to each region, based on the results of a Request for Qualifications (RFQ) process.

With Program oversight and community input, the consulting firm is responsible for identifying eligible site and completing work on sites within its region. $750,000 has been dedicated per region for the work. Please see the Petroleum Remediation Fact Sheet and Frequently Asked Questions for more information about the Petroleum Remediation Grant incentive, including site eligibility and allowable grant activities, as well as the Petroleum Remediation Map showing the seven regions and the Program project managers assigned to each region. If you want to learn more about this grant incentive, or if you have a site in your community that you feel could potentially benefit from this funding, please contact your region’s Program project manager.

Presentation information from previous workshops can be found below:

U.S. EPA Brownfields Grant Proposal Workshop - Sept. 13, 2007

• TAB Services Powerpoint
• Grant Writing Tips for TAB
• EPA Grants Powerpoint

Brownfields Renewal Workshop - Sept. 6, 2007

Presentations available on NALGEP's website