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Brownfield Remediation Credit Calculator

Cleanup credits make marginal brownfield deals work.

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Net remediation cost

$1,250,000

Total credits

$1,250,000

Cost reduction %

0.5%

How the math works

Credits = cost × (fed + state) + grant. Net = cost − credits.

$2.5M × 30% + $500k grant = $1.25M credits. Net $1.25M — 50% cost reduction.

How to Use

  1. Enter remediation cost.
  2. Enter federal credit rate %.
  3. Enter state credit rate %.
  4. Enter grant amount.
  5. Read net remediation cost.

Frequently Asked Questions

What credits exist?

Federal Brownfield Revolving Loan Fund grants up to $1M. State credits: varied. New York Brownfield Credit (up to 50% of qualified costs). Florida Voluntary Cleanup Program. Many states 10-50% credit on qualified remediation. Plus EPA Phase II grants.

Eligible costs?

Site assessment (Phase I/II). Remediation (excavation, treatment, monitoring). Engineering controls. Institutional controls (deed restrictions). Re-use planning. Not: general site work unrelated to contamination. Careful accounting separates eligible from non-eligible.

Process?

Enroll in state VCP program. Phase I/II assessment. Remedial Action Plan. Implementation with oversight. NFA (No Further Action) letter. Credit certification. 12-36 month process end to end. Specialists handle environmental consulting and credit filing.

How often should I rerun this?

Rerun this calculator whenever inputs change materially — new rent roll data, rate moves, loan balance updates, or quarterly operating data. For active deals, monthly refresh is typical. For stabilized assets under monitoring, quarterly is fine. Treat the output as a decision tool, not a one-time answer — market conditions evolve and so should your analysis.

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