Brownfields Revolving Loan Fund - Success Stories
The Department of Commerce’s Brownfields Revolving Loan Fund (BRLF) helps local and regional governments, non-profit agencies and private businesses cleanup and redevelop Brownfields sites. Brownfields sites are properties that were once used for industrial purposes, but need to be cleaned up before they can once again support businesses and create jobs.
Reclaiming lost properties and reutilizing them for the benefit of the community and the economy results in some truly amazing success stories. It’s a solid investment. For every $1 the state has spent to clean up Brownfields sites, it has generated $12 in local and state tax revenues, $14 in payroll value, and $64 in business revenue.
The following are just a few of the many projects that the Brownfields Revolving Loan Fund has been involved with in recent years.