Brownfields are underutilized or abandoned properties in which future development is complicated by the perception or presence of environmental contaminants.
Brownfields sites can include land or buildings containing asbestos, mold or other pollutants; former industrial and commercial sites such as gas stations, dry cleaning facilities, grain elevators, landfills; and lands contaminated with historic oilfield operations.
Private-public partnerships are often the catalyst in the transition of such properties from blight to vibrant developments. Oklahoma City’s Brownfields Program supports prospective purchasers in redeveloping urban properties by providing site assessments and assisting with remediation.
Completing a Phase I Site Assessment before the purchase of a property generally fulfills the All Appropriate Inquiry (AAI) requirement. Fulfilling AAI is a critical step in protecting a future landowner’s liability with respect to contamination. In the event the Phase I identifies the possible presence of contamination, the Brownfields Program may be able to provide a Phase II environmental investigation that will provide a more accurate assessment.
If a property has environmental concerns, developers can run into difficulty obtaining standard bank financing due to liability. In such cases, the Brownfields Program has a revolving loan fund to provide low-interest gap financing for environmental clean-up activities.
The Brownfields Program also supports nonprofit organizations' development with projects through technical assistance and clean-up grants.
• No cost environmental assessments for qualifying redevelopment projects in Oklahoma City
• Low interest environmental clean-up loan funds to aid redevelopment
• Grants to nonprofits for environmental clean-up to aid redevelopment
• Identification of Brownfields
• Consultations with property owners, developers & prospective purchasers
• Assistance with state or federal regulatory agency programs
• Phase I/II site assessments
• Review of environmental documentation on redevelopment sites