|From:||Lenny Siegel <firstname.lastname@example.org>|
|Date:||Tue, 1 Feb 2011 14:30:52 -0800 (PST)|
|Subject:||[CPEO-BIF] "NY's Brownfield Cleanup Incentives Not Flowing to Minority or Struggling Communities"|
NY's Brownfield Cleanup Incentives Not Flowing to Minority or Struggling
Green Group's Investigation Reveals Tax Credits Going to Zero Dirty Site Clean Ups in Predominantly Minority Communities
Press Release Environmental Advocates of New York January 31, 2011ALBANY, NY (readMedia) -- The state government watchdog group Environmental Advocates of New York today released an in-depth analysis of tax credits doled out to developers under the state's Brownfield Cleanup Program. Established in 2003 to encourage the cleanup of contaminated areas blighted by former industrial sites, the intent of the program was to stimulate economic development in low-income neighborhoods and communities of color, while making such communities healthier and safer. Click here for a list of sites and related tax credits.
Environmental Advocates' review of Department of Environmental Conservation (DEC) records of remediated brownfield sites, as well as records from the state Department of Taxation & Finance, revealed that developers have claimed nearly $365 million in tax credits to clean up brownfield sites during calendar years 2008 and 2009. But these tax credits are not encouraging cleanups in predominately African American or Latino neighborhoods, or in areas with high rates of unemployment or families living in poverty.
... For the entire release, see http://readme.readmedia.com/NYs-Brownfield-Cleanup-Incentives-Not-Flowing-to-Minority-or-Struggling-Communities/1980791 -- Lenny Siegel Executive Director, Center for Public Environmental Oversight a project of the Pacific Studies Center 278-A Hope St., Mountain View, CA 94041 Voice: 650/961-8918 or 650/969-1545 Fax: 650/961-8918 <email@example.com> http://www.cpeo.org _______________________________________________ Brownfields mailing list Brownfields@lists.cpeo.org http://lists.cpeo.org/listinfo.cgi/brownfields-cpeo.org
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