Grant opportunity · Maryland Department of Commerce

Brownfields Revitalization Incentive Program (BRIP) / Brownfields Tax Credit

Award amount varies

About this opportunity

The Brownfields Revitalization Incentive Program (BRIP) promotes economic development and environmental cleanup, especially in distressed urban areas, by encouraging the redevelopment of underutilized properties contaminated by hazardous substances, pollutants, or contaminants (brownfields). BRIP supports Maryland's Smart Growth efforts by providing financial incentives—including grants, loans, and a real property tax credit—to eligible brownfield sites that have completed the Voluntary Cleanup Program (VCP) and received a Maryland Department of Commerce designation as a qualified brownfields site. The property must also be located within a jurisdiction that has enacted local BRIP legislation. Eligible sites receive a 50% to 70% property tax credit on the increase in county and/or munic…

Who may apply

for-profit, non-profit, individual, government

Deadline

See program details

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