1. Massachusetts Department of Environmental Protection MA Brownfields Initiative

2. Massachusetts Department of Environmental Protection Privatized Cleanup Program l Streamlined Cleanup Program l Licensed Site Professionals (LSP)s l Flexibility Built into Standards l Cleanup Tailored to Reuse

3. Massachusetts Department of Environmental Protection 1998 Brownfields Act l Partnering of State Agencies l Financial Incentives l Liability Relief l Technical Assistance

4. Massachusetts Department of Environmental Protection Liability Incentives: – “Eligible Persons” – Downgradient Property Owners – Tenants – Municipalities/CDCs – Secured Lenders

5. Massachusetts Department of Environmental Protection Liability Incentives Cont. l Covenant Not to Sue Program Complicated BF Projects Negotiated Agreements For Seller and Buyer Cleanup/Redevelopment Must Occur

6. Massachusetts Department of Environmental Protection Financial Incentives: l Brownfields Redevelopment Fund Assessment Funds Cleanup Funds Economic Development

7. Massachusetts Department of Environmental Protection Financial Incentives (cont.) l Brownfields Redevelopment Access to Capital (BRAC) Program State Subsidized Environmental Insurance Mitigates Environmental Risk Volume Discount/Subsidy of 50%

8. Massachusetts Department of Environmental Protection Tax Incentives l MA Brownfields Tax Credit l MA Historic Tax Credit l MA Low-Income Housing Tax Credit l MA Municipal Tax Abatement l Economic Development Incentive Program l Federal Brownfields Tax Deduction

9. Massachusetts Department of Environmental Protection Involved Federal Agencies l Environmental Protection Agency (EPA) l Department of Housing and Urban Development (HUD) l National Park Service (NPS) l Army Corps of Engineers (ACOE) l Department of Transportation (DOT)

10. Massachusetts Department of Environmental Protection Involved State Agencies l MassDEP- Cleanup Standards l MassDevelopment- Loan Funds l MassBusiness- Insurance l Attorney General’s Office- CNTS l Exec. Office Env. Affairs- EJ l Executive Office of Transportation- TOD

11. Massachusetts Department of Environmental Protection Before l Cumming Center, Beverly

12. Massachusetts Department of Environmental Protection After l Cumming Center, Beverly

13. Massachusetts Department of Environmental Protection Before l Brook Street Park, Lawrence

14. Massachusetts Department of Environmental Protection After l Brook Street Park, Lawrence

15. Massachusetts Department of Environmental Protection MassMoca, North Adams

16. Massachusetts Department of Environmental Protection Basketball Hall of Fame, Springfield

17. Massachusetts Department of Environmental Protection Walkers Brook Landfill, Reading

18. Massachusetts Department of Environmental Protection Resources l DEP Websites – Brownfields Programs: http://mass.gov/dep/cleanup/brownfld.htm http://mass.gov/dep/cleanup/brownfld.htm – Overview Cleanup Process: – http://mass.gov/dep/cleanup/oview.htm http://mass.gov/dep/cleanup/oview.htm – LSP Program: http://mass.gov/dep/cleanup/licensed.htm http://mass.gov/dep/cleanup/licensed.htm – Sites List: http://mass.gov/dep/cleanup/sites/report.htm http://mass.gov/dep/cleanup/sites/report.htm

19. Massachusetts Department of Environmental Protection DEP Contacts Catherine Finneran, DEP BF Coordinator (617) 556-1138 Catherine.finneran@state.ma.us