Financing, Community Development, & Corporate Liability
ICF’s unique combination of expertise in environmental policy and economic and community development enables us to address the multifaceted challenges that brownfields present. We understand the financial tools available for brownfields redevelopment, including:
- Brownfields Cleanup Revolving Loan Fund
- HUD’s Community Planning and Development Programs
- Brownfields Tax Incentive
We assist our clients by utilizing these and other tools to achieve their redevelopment goals. Our lawyers, financial analysts, and business experts help us decipher tax codes and IRS requirements, investigate financing options such as insurance archaeology and tax increment financing, understand real estate contracts, and assess financing structures for long-term monitoring and maintenance of sites.
ICF has conducted financial and environmental audits for proposed private-sector property transfers, focusing on prospective buyer or lender long-term cost and liability associated with residual site hazards such as underground storage tanks (USTs), contaminated groundwater, and buried wastes. We also undertake due diligence assessments to help our clients understand the environmental, health, and safety conditions of assets being acquired or transferred.
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