The Brownfield Assessment Program and Revolving Loan Fund (RLF) Program are designed to help address the challenges of purchasing and redeveloping contaminated commercial properties, commonly known as "Brownfields." These properties often come with undisclosed contamination such as lead-based paint, asbestos, old underground fuel tanks, or harmful chemicals that have seeped into the soil or water. Cleaning up these contaminants can be costly and time-consuming. By completing an environmental assessment before making a purchase, you can plan for potential remediation costs and secure liability protections, ensuring a safer, more informed investment.
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