Investing in Brownfields: Identifying Potential Funding Options for CORF 2.0

Ohio has the potential to bring millions of dollars in additional investment, enhance job growth, and foster economic development through the continued investment in brownfield redevelopment. Found in every county, these 9,000+ former industrial and commercial sites are unusable in their current condition. These blighted properties discourage investment and create barriers to economic advancement.

In order to unlock this economic potential, the state will need to dedicate funds specifically for brownfield remediation. This would require between $25 and $100 million annually in funding.

This white paper outlines potential sources of funding which would achieve this goal and provide the State of Ohio the resources necessary to operate a brownfield program which is flexible, sustainable, and complementary to existing environmental remediation program.