Environmental

What is Oregon's 'Brownfields Program' and how does it benefit real estate redevelopment?

AA program protecting farmland from development
BA program providing technical and financial assistance to clean up contaminated former industrial or commercial sites for productive reuse✓ Correct
CA DEQ program regulating new industrial construction
DAn OREA program managing hazardous property listings

Explanation

Oregon's Brownfields Program (managed jointly by Oregon DEQ and Business Oregon) provides grants, loans, and technical assistance to property owners and developers for assessing and cleaning up contaminated 'brownfield' sites — former industrial or commercial properties. The program facilitates redevelopment of contaminated urban land, providing economic and environmental benefits.

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