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How Amendments to the NYS Brownfield Cleanup Program will Affect Affordable Housing Developments

The New York State Brownfield Cleanup Program (BCP) was created in 2003 to incentivize private-sector remediation and promote brownfield redevelopment for the revitalization of economically blighted communities. In recent years, the program has become crucial in closing funding gaps for affordable housing projects, with BCP tax credits becoming acceptable equity for syndicators. Instead of avoiding contaminated properties, affordable housing development teams are seeking them out in hopes of being eligible for the BCP.

Significant amendments to the BCP were made with the passage of the NYS budget on April 9, 2022, which will almost certainly affect affordable housing brownfield redevelopment. 

Quick Facts About These Amendments

As Director of Environmental at LaBella, Jennifer oversees the firm’s environmental consulting and construction projects and personnel. She is also focused on building client partnerships, developing new service offerings, and expanding into new geographic areas.

With over 15 years at LaBella, Jennifer has held many roles, including Phase I Environmental Site Assessment (ESA) Program Manager, Phase II ESA Program Manager, Brownfield Remediation Program Manager, and Environmental Operations Manager. She has completed hundreds of Phase I and II ESAs, managed numerous projects in the New York State Department of Environmental Conservation (NYSDEC) Brownfield Cleanup Program, and worked closely with other leaders at LaBella to deliver a comprehensive suite of services to clients.

About the Author
Richard Kampf, PG, LEP
NYC Regional Manager

Richard is the Regional Manager for LaBella’s New York City office. He has over 25 years of experience in environmental consulting, with a focus on site investigation, remediation, and redevelopment of contaminated properties throughout the New York Tri-State region. His clients include developers, real property owners and investors, Fortune 100 companies, municipalities, regulatory agencies, and attorneys. Richard’s proven success in providing cost-beneficial, value-added services is rooted in his commitment to achieving client objectives, his practical approach to environmental risk management, and his creative leadership.