BCONE joined with eleven other environmental, business, and social justice organizations from throughout NYS to inform Gov. Hochul of the importance pf a long-term reauthorization of the Brownfields Cleanup Program. You can find the letter here. BCONE’s frequent organization partner, the New York City Brownfield Partnership, is credited with October 2021 report that quantifies the number of cleanups under the program and the on-site rate of return ratio of $6.63 in private development for every $1 of tax credits. For the entirety of the BCP, $17.61 billion in private investment has resulted from $2.77billion in tax credits.
Posted January 3, 2022