Example

The Problem: Brownfields sites create community blight and generate little or no municipal taxes. Traditional developers can't take the financial, environmental, legal and regulatory risks of redevelopment. There is no traditional financing available.

The Solution:



The Results: Everyone benefits from the transaction

• The town receives approximately $100,000 in additional annual tax revenues for 10 years and over $200,000 in additional annual tax revenues thereafter.
• The grand list grows.
• The project removes an eyesore from the local community.
• Local jobs are created.
• The developer, owner and investors enjoy lower risk and an enhanced return on their investment.
• The state and town have one less environmentally contaminated property with which to contend.
• There is no increase in municipal or state debt.