[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"doc-seo-253821-105":3,"detail-sidebar-cat-1-en-105":81,"doc-detail-253821-en":127},{"code":4,"msg":5,"data":6},0,"ok",{"site_id":7,"language":8,"slug":9,"title":10,"keywords":11,"description":12,"schema_data":13,"social_meta":74,"head_meta":76,"extra_data":78,"updated_unix":80},105,"en","brownfield-redevelopment-return-on-investment-technical-legal-financial-assistance","Brownfield Redevelopment Return on Investment - Technical, Legal, Financial Assistance","","Brownfield redevelopment requires navigating environmental contamination, lender and third-party liability, assessment and cleanup expenses, and uncertainties around ownership, access, and reuse viability. The Indiana Brownfields Program (IBP), housed within the Indiana Finance Authority, offers voluntary educational, technical, legal, and financial support in partnership with the U.S. EPA. The webinar explains brownfield definitions, obstacles, and how IBP measures Return on Investment (ROI), including an example of petroleum orphan sites funding through the Petroleum Orphan Sites Initiative (POSI).",{"@graph":14,"@context":73},[15,34,56],{"@type":16,"itemListElement":17},"BreadcrumbList",[18,23,27,31],{"item":19,"name":20,"@type":21,"position":22},"https://docshare.wps.com","Home","ListItem",1,{"item":24,"name":25,"@type":21,"position":26},"https://docshare.wps.com/template/","Template",2,{"item":28,"name":29,"@type":21,"position":30},"https://docshare.wps.com/template/presentations/","Presentations",3,{"item":32,"name":10,"@type":21,"position":33},"https://docshare.wps.com/template/brownfield-redevelopment-return-on-investment-technical-legal-financial-assistance/253821/",4,{"url":32,"name":10,"@type":35,"image":36,"author":41,"headline":10,"publisher":44,"fileFormat":47,"inLanguage":8,"description":12,"dateModified":48,"datePublished":49,"encodingFormat":47,"isAccessibleForFree":50,"interactionStatistic":51},"DigitalDocument",{"url":37,"@type":38,"width":39,"height":40},"https://docshare.wps.com/thumbnails/brownfield-redevelopment-return-on-investment-technical-legal-financial-assistance/253821.png","ImageObject",442,249,{"name":42,"@type":43},"Taylor Morgan","Person",{"url":19,"name":45,"@type":46},"DocShare","Organization","application/pdf","2026-10-19","2026-09-13",true,{"@type":52,"interactionType":53,"userInteractionCount":55},"InteractionCounter",{"@type":54},"ViewAction",9,{"@type":57,"mainEntity":58},"FAQPage",[59,65,69],{"name":60,"@type":61,"acceptedAnswer":62},"What is a brownfield site under Indiana’s definition?","Question",{"text":63,"@type":64},"A brownfield site is a parcel of real estate that is abandoned, inactive, or underutilized, where expansion, redevelopment, or reuse is complicated by the presence or potential presence of hazardous substances, contaminants, petroleum, or petroleum products posing risks to human health and the environment.","Answer",{"name":66,"@type":61,"acceptedAnswer":67},"What obstacles commonly hinder brownfield redevelopment?",{"text":68,"@type":64},"Key obstacles include real or potential environmental contamination, liability concerns for lenders and third parties, assessment and cleanup costs, an unfavorable economic development climate, reuse plan viability, limited resources, and unknown risks related to ownership and access.",{"name":70,"@type":61,"acceptedAnswer":71},"How does the Indiana Brownfields Program provide assistance and measure ROI?",{"text":72,"@type":64},"IBP provides educational, financial, legal, and technical assistance through voluntary participation and by using existing laws and policies to protect human health and the environment. The webinar explains that IBP measures Return on Investment (ROI) to support understanding of the program’s impact.","https://schema.org",{"og:url":32,"og:type":75,"og:title":10,"og:site_name":45,"og:description":12},"article",{"robots":77,"canonical":32},"index,follow",{"doc_id":79,"site_id":7},253821,1791746322,{"code":4,"msg":82,"data":83},"success",[84,88,93,98,103,108,113,118,123],{"id":85,"doc_module":22,"doc_module_name":25,"category_name":29,"show_sort_weight":86,"slug":87},11,90,"presentations",{"id":89,"doc_module":22,"doc_module_name":25,"category_name":90,"show_sort_weight":91,"slug":92},12,"Resumes",80,"resumes",{"id":94,"doc_module":22,"doc_module_name":25,"category_name":95,"show_sort_weight":96,"slug":97},14,"Invoices",70,"invoices",{"id":99,"doc_module":22,"doc_module_name":25,"category_name":100,"show_sort_weight":101,"slug":102},15,"Posters",60,"posters",{"id":104,"doc_module":22,"doc_module_name":25,"category_name":105,"show_sort_weight":106,"slug":107},16,"Social Media",50,"social-media",{"id":109,"doc_module":22,"doc_module_name":25,"category_name":110,"show_sort_weight":111,"slug":112},17,"Forms",40,"forms",{"id":114,"doc_module":22,"doc_module_name":25,"category_name":115,"show_sort_weight":116,"slug":117},18,"Letters",30,"letters",{"id":119,"doc_module":22,"doc_module_name":25,"category_name":120,"show_sort_weight":121,"slug":122},21,"Paper Templates",5,"papers-templates",{"id":124,"doc_module":22,"doc_module_name":25,"category_name":125,"show_sort_weight":4,"slug":126},158,"General","general-158",{"code":4,"msg":82,"data":128},{"doc_id":79,"user_id":129,"nickname":42,"user_avatar":130,"doc_module":22,"category_id":85,"category_name":29,"doc_title":10,"doc_description":12,"doc_content":131,"file_id":132,"file_url":133,"file_type":134,"file_size":135,"view_count":55,"is_deleted":4,"is_public":22,"is_downloadable":22,"audit_status":22,"page_count":136,"language":137,"language_code":8,"site_id":7,"html_lang":8,"table_of_contents":138,"faqs":139,"seo_title":140,"seo_description":12,"update_tm":141,"read_time":142},1099523885336,"https://ap-avatar.wpscdn.com/davatar_276721f389ce27ea32af1340a28f341c","Return on Investment of Brownfield Redevelopment Resources – Technical, Legal, Financial Assistance  \nEnvironmental Stewardship. Economic Development.  \nMichele Oertel  \nFederal Funding & Community Relations Coordinator  \n317-234-0235  \n[moertel@ifa.in.gov](moertel@ifa.in.gov)  \n[www.brownfields.in.gov](www.brownfields.in.gov)  \nU.S. EPA OLEM/OUST Webinar  \nDecember 13, 2016  \n1  \nToday’s Topics  \n􀂄 What is good to know about brownfields?  \n􀂄 Who needs technical, legal/liability, and/or financial assistance?  \n􀂄 What is the Indiana Brownfields Program (IBP) and how can it and/or others help?  \n􀂄 Why is leveraging, leveraging, leveraging the new“location, location, location?”  \n􀂄 What is Return on Investment (ROI), why is it important, and how does IBP measure it?  \n􀂄 What are some redevelopment success stories in Indiana?  \n􀂄 What is the bottom line?  \n2  \nBrownfield? Problem Property?  \nObstacle? Opportunity?  \n􀂄 Brownfields have a range of sizes/issues/reuses  \n􀂄 Ex: small, abandoned, petroleum UST site with redevelopment issues = brownfield  \n􀂄 Brownfield redevelopment is interdisciplinary  \n3  \nWhat is a Brownfield?  \n􀂄 Indiana defines a brownfield site as:  \n􀂄 a parcel of real estate  \n􀂄 abandoned, inactive, or underutilized  \n􀂄 on which expansion, redevelopment, or reuse is complicated because of the presence or potential presence of a hazardous substance, a contaminant, petroleum, or a petroleum product that poses a risk to human health and the environment.  \n􀂄 Similar to U.S. EPA definition (real property)  \n4  \nWhat are Obstacles to Brownfield Redevelopment?  \n􀂄 Real or potential environmental contamination  \n􀂄 Liability issues for the lender, prospective purchaser, and third parties  \n􀂄 Assessment / Cleanup costs  \n􀂄 Economic development climate  \n􀂄 Viability of re-use plans for the site  \n􀂄 Lack of resources – knowledge, money, partners  \n􀂄 Unknowns – risks, ownership, access  \nBrownfield redevelopment = real estate project with environmental component  \n5  \nIndiana Brownfields Program Background  \n􀂄 Housed under the Indiana Finance Authority (IFA)  \n􀂄 Created by 2005 legislation (SEA 578); IC 13-11-2-19.3  \n􀂄 Funded by state appropriations & federal funds  \n􀂄 Provides governmental assistance to address environmental issues that impede brownfield redevelopment  \n􀂄 Works in partnership with U.S. EPA et al.  \n6  \nIndiana Brownfields Program Background  \n􀂄 Allows for voluntary participation – not enforcement  \n􀂄 Works typically with communities or prospective purchasers vs. RPs  \n􀂄 Relies on existing laws/regs/policies to protect human health and environment  \n􀂄 Has different processes for different incentives  \n􀂄 Uses consultants differently per incentive  \n􀂄 Utilizes Indiana Department of Environmental Management (IDEM) Remediation Closure Guide  \n􀂄 Offers closure documents  \n7  \nIndiana Brownfields Program Lends a Hand  \n􀂄 Helps stakeholders by providing:  \n􀂄 Educational Assistance  \n􀂄 Financial Assistance  \n􀂄 Legal Assistance  \n􀂄 Technical Assistance  \n8  \nIndiana Brownfields Program Lends a Hand: Financial Incentives  \n􀂄 One example: Petroleum Orphan Sites Initiative (POSI)--IBP in partnership with IDEM--professional services  \n􀂄 Assists/benefits political subdivisions  \n􀂄 Addresses petroleum contamination on brownfield sites resulting from leaking underground storage tanks that cannot be addressed by the responsible party due to an inability-to-pay, bankruptcy, or other factors (orphan sites)  \n􀂄 Includes site assessment, UST removal, and remediation  \n􀂄 Also covers hazardous substances or petroleum contamination from other on-site sources (e.g. , hydraulic lifts, etc.) if funding is available  \n􀂄 Funding source: $3M Excess Liability Trust Fund (ELTF) transfer to IBP for SFYs ’14&’15; $2.91M ELTF transfer for SFYs ‘16&‘17  \n9  \nIndiana Brownfields Program Lends a Hand: Financial Incentives  \n􀂄 POSI Process  \n􀂄 No application  \n􀂄 Sites referred by IDEM Enforcement and LUST programs  \n􀂄 Petroleum Eligibility Determ","cbCaiosnDhDsvZVc","https://ap.wps.com/l/cbCaiosnDhDsvZVc","pdf",1488307,29,"English","# Today’s Topics\n## Brownfield Basics\n## Indiana Brownfields Program Background\n## Indiana Brownfields Program Lends a Hand\n## Financial Incentives and POSI Process\n## Bottom Line","[{\"question\":\"What is a brownfield site under Indiana’s definition?\",\"answer\":\"A brownfield site is a parcel of real estate that is abandoned, inactive, or underutilized, where expansion, redevelopment, or reuse is complicated by the presence or potential presence of hazardous substances, contaminants, petroleum, or petroleum products posing risks to human health and the environment.\"},{\"question\":\"What obstacles commonly hinder brownfield redevelopment?\",\"answer\":\"Key obstacles include real or potential environmental contamination, liability concerns for lenders and third parties, assessment and cleanup costs, an unfavorable economic development climate, reuse plan viability, limited resources, and unknown risks related to ownership and access.\"},{\"question\":\"How does the Indiana Brownfields Program provide assistance and measure ROI?\",\"answer\":\"IBP provides educational, financial, legal, and technical assistance through voluntary participation and by using existing laws and policies to protect human health and the environment. The webinar explains that IBP measures Return on Investment (ROI) to support understanding of the program’s impact.\"}]","Brownfield Redevelopment Return on Investment - Technical, Legal, Financial Assistance | PDF",1789270507,10]