Environmental
NC's 'Brownfields Redevelopment Program' incentivizes redevelopment of contaminated properties by offering:
AFull state cleanup funding without any developer investment
BLiability protection and property tax exclusions for new development value on remediated brownfields✓ Correct
COnly land grants for nonprofit developers
DFederal Superfund status for faster cleanup
Explanation
NC's Brownfields Program offers prospective purchasers liability protection through a Brownfields Agreement and a property tax exclusion on new development value (for up to 5 years) to incentivize voluntary cleanup and redevelopment.
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