Environmental
A commercial real estate developer in Washington wants to develop on a brownfield site (formerly contaminated industrial land). State and federal programs to encourage brownfield redevelopment include:
AMandatory penalties for purchasing contaminated property
BVoluntary cleanup programs, liability protections for prospective purchasers, and tax incentives for brownfield redevelopment✓ Correct
CAutomatic Superfund designation preventing any development
DGrants available only to government entities
Explanation
Washington's Voluntary Cleanup Program (VCP) and federal EPA brownfield programs offer liability protections for prospective purchasers who conduct cleanup, tax incentives, and technical assistance to encourage redevelopment of contaminated sites for productive reuse.
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