Brownfield Agreement North Carolina

Brownfield Agreement in North Carolina: What It Is and Why It Matters

Brownfield sites, which are abandoned or underutilized properties that may have been contaminated, can be a significant liability for property owners and a threat to public health and the environment. However, in North Carolina, property owners have the option to enter into a Brownfield Agreement, which can provide a path forward for the safe redevelopment of these properties.

What is a Brownfield Agreement?

A Brownfield Agreement is a contract between a property owner and the North Carolina Department of Environmental Quality (NCDEQ) that outlines the terms of remediation and redevelopment of a contaminated property. The purpose of the agreement is to protect public health and the environment by facilitating the safe cleanup and redevelopment of brownfield sites.

Property owners who enter into a Brownfield Agreement with the NCDEQ agree to investigate and remediate any contamination on their property to meet state standards. The agreement allows property owners to receive regulatory closure from the NCDEQ, which provides them with liability protections and incentives for the safe redevelopment of the property.

Why is it Important?

Entering into a Brownfield Agreement can provide significant benefits to property owners, communities, and the environment. Below are some reasons why:

1. Liability Protections: By entering into a Brownfield Agreement, property owners can receive liability protections from the state for the cleanup and redevelopment of their property. This protection shields them from any future liability against legal actions related to contamination at the site.

2. Incentives: Property owners can receive financial incentives for the cleanup and redevelopment of brownfield sites, including tax credits and grants. The NCDEQ also offers technical assistance and regulatory flexibility to facilitate the safe redevelopment of these properties.

3. Economic Development: Brownfield redevelopment can stimulate economic development in communities by providing new job opportunities, increasing property values, and creating new revenue streams for local governments.

4. Environmental Benefits: Brownfield redevelopment can have significant environmental benefits, including soil and water remediation, reduction in greenhouse gas emissions, and protection of natural resources.

Conclusion

Brownfield sites are a significant environmental and public health issue, but Brownfield Agreements in North Carolina provide a path forward for the safe redevelopment of these sites. Property owners who enter into these agreements can receive liability protections, financial incentives, and technical assistance, while also contributing to economic growth and environmental protection. If you own a brownfield site, consider entering into a Brownfield Agreement with the NCDEQ to help create a safer and more sustainable future for North Carolina.

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