Montgomery County communities again have a source of support for addressing the blight of brownfields.
The state of Ohio has allocated $350 million over the next two years – $175 million each year – to support communities in remediating their brownfields. The goal is to clean up Ohio’s environmentally contaminated sites and make them available for redevelopment.
Each of Ohio’s 88 counties will receive $1 million, for which no match will be required. The rest of the funds will be awarded on a first come, first served basis, with a 25% match of project costs required. To be considered, by the time the cleanup work begins, the property cannot be owned by the party that caused or contributed to the contamination.
As the lead applicant for Montgomery County communities, the Land Bank is reaching out to jurisdictions to invite applications for brownfield Phases 1 or 2 assessments, or ready for cleanup. To take advantage of the ODOD’s first-come, first-served policy, the Land Bank is working with interested parties to make its submission once the state releases its guidelines and the application portal is opened.
The Land Bank will continue to work with interested parties to prepare submissions through the first round of funding in anticipation of a second round.
For more information or support, please contact Paul Bradley at PBradley@MCLandBank.com or 937-531-6921.