VICTORIA – The Province is now accepting applications for the 2012 intake of the Brownfield Renewal Funding Program.
The Province is providing up to $1.8 million this year to revitalize brownfield sites throughout B.C. Since its creation in 2007, the Brownfield Renewal Funding Program has provided more than $4.2 million toward 60 projects in 44 communities, making it a national leader in brownfield redevelopment.
This funding program is part of the B.C. Brownfield Renewal Strategy developed to encourage brownfield redevelopment.
What is a brownfield?
A brownfield is an abandoned, vacant, derelict or underutilized commercial or industrial property that is contaminated and has redevelopment potential.
Why clean up brownfields?
Cleaning up these sites allows them to return to productive use and results in economic, social and environmental benefits to communities. Brownfield redevelopment helps to increase commercial space, creating employment, improving community safety, retaining green space and reducing pressures on undeveloped land.
What is this funding for?
Recipients can use the funding to conduct environmental studies to determine if a site is contaminated and the options and costs of site remediation.
Application forms are available online on the B.C. Brownfield Renewal website. Applications must be submitted in hard copy by May 31, 2012.
Apply now: www.brownfieldrenewal.gov.bc.ca/financial.html