What does BUILD mean in DEVELOPMENT
BUILD is an acronym that stands for Brownfields Utilization Investment and Local Development. It is a federal program that provides grants and technical assistance to communities and businesses to redevelop and reuse brownfields.
BUILD meaning in Development in Community
BUILD mostly used in an acronym Development in Category Community that means Brownfields Utilization Investment and Local Development
Shorthand: BUILD,
Full Form: Brownfields Utilization Investment and Local Development
For more information of "Brownfields Utilization Investment and Local Development", see the section below.
» Community » Development
What are Brownfields?
Brownfields are properties that have been abandoned or underutilized due to environmental contamination. They can be former industrial, commercial, or residential sites. Brownfields often pose health and safety risks to communities and can hinder economic development.
The BUILD Program
The BUILD program was created in 2002 to address the challenges associated with brownfield redevelopment. The program provides funding for:
- Assessment and cleanup of brownfield sites: This funding helps communities identify and clean up contaminated sites, making them safe for reuse.
- Redevelopment of brownfield sites: Funding is available for projects that transform brownfields into new housing, commercial, or industrial uses.
- Job training and workforce development: The BUILD program supports programs that train workers for jobs in the brownfield redevelopment industry.
Benefits of the BUILD Program
The BUILD program has numerous benefits for communities and businesses, including:
- Improved environmental health: Cleaning up brownfield sites reduces health risks and improves air and water quality.
- Economic development: Redevelopment of brownfields creates jobs, attracts new businesses, and revitalizes communities.
- Increased tax revenue: Redeveloped brownfields can generate new tax revenue for local governments.
- Improved quality of life: Brownfield redevelopment can create green spaces, parks, and other amenities that enhance the livability of communities.
Essential Questions and Answers on Brownfields Utilization Investment and Local Development in "COMMUNITY»DEVELOPMENT"
What is the BUILD program?
The Brownfields Utilization Investment and Local Development (BUILD) is a federal grant program that provides funding for the cleanup and redevelopment of brownfield properties. Brownfields are properties that have been contaminated by hazardous substances or pollutants, and they can be a major obstacle to economic development. The BUILD program helps to remove these obstacles by providing funding for the cleanup and redevelopment of these properties.
Who is eligible for BUILD funding?
Eligible entities for BUILD funding include states, local governments, Indian tribes, and non-profit organizations. For-profit organizations are not eligible to apply for BUILD funding.
What types of projects are eligible for BUILD funding?
Eligible projects for BUILD funding include the cleanup and redevelopment of brownfield properties for a variety of uses, including residential, commercial, industrial, and recreational purposes.
How much funding is available through the BUILD program?
The amount of funding available through the BUILD program varies depending on the availability of funding from Congress. In recent years, the BUILD program has awarded approximately \$200 million in grants annually.
How do I apply for BUILD funding?
To apply for BUILD funding, eligible entities must submit an application to the Environmental Protection Agency (EPA). The application process is competitive, and only a limited number of grants are awarded each year.
Final Words: The BUILD program is an important tool for communities and businesses looking to redevelop and reuse brownfields. By providing funding and technical assistance, the program helps to clean up contaminated sites, create jobs, and revitalize communities.
BUILD also stands for: |
|
| All stands for BUILD |