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The Ohio Water Development Authority Board created the Brownfield Loan Program in 1995. Through this program, OWDA can provide financial assistance for the undertaking of any voluntary action and thereby providing funding for the remediation of contaminated property, through direct loans.
A brownfield is a property, the expansion, redevelopment, or reuse of which may be complicated by the presence or potential presence of a hazardous substance, pollutant, or contaminant.
How do you determine if a site is a brownfield? A site is classified as a brownfield by having an environmental assessment done on the property. The environmental assessment determines the extent of real or perceived contamination.
A brownfield is defined as an abandoned, idled, or under-used industrial, commercial, or institutional property where expansion or redevelopment is complicated by known or potential releases of hazardous substances or petroleum.
Small brownfields also may be found in many older residential neighborhoods or along rural roads. For example, many dry cleaning establishments or gas stations created high levels of pollution during below the ground their operations and the land they occupy might be unused for decades as a Brownfield.