ALBANY- The Capital Region secures more than a million dollars in brownfield redevelopment grants.
It comes as part of a state-wide $10 million grant from Brownfield Opportunity Area or BOA.
Brownfields are dormant properties where the potential of contamination causes a need for redevelopment.
BOA provides funding for the investigation into contamination, environmental impact studies and even marketing and redevelopment strategies for brownfields.
The Affordable Housing Partnership in Albany will receive close to $500,000 for development of 15 sites in the city’s Sheridan Hollow neighborhood.
The Town of Colonie has more than $250,000 to use for revitalizing 6 large sites in the Lincoln Avenue area.
The Town of Fort Edward will receive about $250,000 to implement an investment strategy for an industrial park on the NYS Champlain Canal.