Brownfields
Brownfield cleanup and redevelopment can improve communities and help increase the amount of industrial land to generate economic development and greater employment levels. The Lake County Port Authority will work with owners and developers to tailor a program that meets the needs of all parties.
Redeveloping Brownfields Can:
- Increase the value of formerly idle property
- Generate savings from reuse of an existing site and its infrastructure
- Preserve remaining undeveloped land
- Increase community green space
Funding Sources for Brownfield Redevelopment
Local
- Lake County Port Authority Bonds
- Tax-Increment Financing (TIF)
- Remediation Tax Credits
State
- Ohio Enterprise Bonds
- Ohio Department of Development Revolving Loan Fund
- Ohio Department of Development 166 Direct Loan
- Clean Ohio Revitalization Fund
- Clean Ohio Assistance Fund
- Job Ready Sites
For more information, contact:
John Loftus, Executive Director
440-357-2290 x232
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