[CPEO-BIF] "Millions in Brownfields Funds Unused, Inspector General Says"

[Lenny Siegel <lsiegel@cpeo.org>]

Millions in Brownfields Funds Unused, Inspector General Says

By Sylvia Carignan
BNA Daily Environment Report™
August 23, 2017


Confusion, inconsistency and a lack of direction from the EPA kept investors away from about $11 million in potential brownfields cleanup funding, according to the agency’s inspector general.

Millions in brownfields grants sit unused in city, county and state accounts, the Environmental Protection Agency’s Office of the Inspector General reported Aug. 23, meaning millions less for borrowers to invest in site cleanup and land reuse.

“These funds are not being placed into active use as frequently and as fully as they could be and they should be,” Michael Goldstein, managing shareholder of the Goldstein Environmental Law Firm, told Bloomberg BNA.

…

For the entire article, see
https://www.bna.com/millions-brownfields-funds-n73014463544/

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Lenny Siegel
Executive Director
Center for Public Environmental Oversight
a project of the Pacific Studies Center
P.O. Box 998, Mountain View, CA 94042
Voice/Fax: 650/961-8918 
<lsiegel@cpeo.org>
http://www.cpeo.org

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