Focus on liability, exemptions, available incentives
FRANKFORT, Ky. (Feb. 3, 2016) – Bankers and property development professionals can take a crash course in brownfield redevelopment through a workshop sponsored by the Kentucky Department for Environmental Protection and the Louisville Branch of the Federal Reserve Bank of St. Louis.
The workshop will be conducted 9 a.m. – 3 p.m. ET on Feb. 24, 2016, at the Louisville Branch of the Federal Reserve Bank. Attendees will get a better understanding of brownfields– properties that are abandoned or underutilized due to real or perceived environmental contamination– and the issues surrounding contaminated property redevelopment.
Agenda topics to be covered include:
- Federal environmental liability and exemptions for lenders and bona fide prospective purchasers
- Kentucky’s new brownfield law that reduces uncertainty in the redevelopment process
- Incentives that are available to assist in brownfield redevelopment
- A case study of how a community eyesore has been transformed into a thriving business and asset to the neighborhood
Participation in this event is free; however, registration is required by Friday, Feb. 19, as space is limited. Continental breakfast and lunch will be provided. For more information, please contact Faith Weekly at 502-568-9216 or email firstname.lastname@example.org.
If you are interested in brownfield revitalization, contact the Kentucky Brownfield Redevelopment Program at 800-926-8111 or email@example.com. To read more about brownfield sites that have been cleaned and put back into productive reuse, go to http://dca.ky.gov/Pages/ResourceDocuments.aspx under DCA Case Studies: Brownfields.