- Additional incentives are available from the Kentucky Cabinet for Economic Development. Visit ThinkKentucky.com
for more information.
- Kentucky's laws mirror the federal Bona Fide Prospective Purchaser
protections. In addition, on April 11, 2012, House Bill 465 was signed into law. This law allows prospective property redevelopers to work with the state to attain a level of liability assurance. Properties, such as the Kuhlman Electric Building
in Versailles, Ky., are among the first to take advantage of the new law. The new law can be found in Kentucky Revised Statute 224.01-415
with some additional effects on KRS 224.60-138
(1) for underground storage tanks.
- The U.S. Environmental Protection Agency (EPA) recently piloted an Area-Wide Planning Grant
competition. The Area-Wide Planning Grant allows communities to develop plans for brownfield redevelopment, helps determine redevelopment priorities and assists them in determining the economic, social and environmental conditions surrounding specific areas targeted for redevelopment.
Success Stories- Check out some of the successful property redevelopments in Kentucky.
Brownfield Help Desk- 502-564-0323