Proximity to a Superfund site can have a strong negative impact on property values, as the negative connotation associated with the toxicity of Superfund sites can keep people from wanting to buy housing on or near them. Lower housing prices are often correlated with lower spending trends, and ultimately lower economic growth. Many communities that are affected by Superfund sites are already low-income, therefore the effects of Superfund on the socioeconomic status of affected communities can worsen pre-existing economic issues.
The EPA’s Superfund Redevelopment Initiative works to redevelop and reuse formerly contaminated Superfund sites. The reclamation of this land has been shown to be beneficial to local economies, with increases in the number of on-site jobs, employment income from on-site jobs, property values, property tax revenue, and the number of businesses. All of these factors can help to revitalize the economies of communities affected by Superfund sites.
Put the Super back into Superfund
Want to see polluters pay for their messes rather than taxpayers? Contact your representatives and tell them to support Rep. Earl Blumenaur’s bill: Superfund Restoration Act (H.R. 4088).
Thirty acres of desolate land stretch across the heart of Uniontown, Ohio, a vast expanse of grass, trees, and scruffy vegetation no one can use because a toxic stew of nearly one hundred deadly contaminants [...]
When the Superfund program first passed Congress in 1980, there was one word that marked the moment: justice. Finally, polluters were on the hook for cleaning up neighborhoods, waterfronts, and schoolyards. Many Americans living near [...]
(CNN)A bipartisan group of senators unveiled the legislative text of the infrastructure bill on Sunday night after months of negotiations. In total, the deal includes $550 billion in new federal investments in America's infrastructure over five years. [...]
Rezoning any of the Monsanto Plant Property From M-2 Heavy Industrial District to A-2 Rural Residential is Dangerous to the Public Health & Safety for Maury County residents and future generations of the community. More [...]