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 Senator Booker’s bill: Superfund Polluter Pays Restoration Act of 2017 (S.2198).
BIRMINGHAM, Ala. (AP) — The government shutdown has suspended federal cleanups at Superfund sites around the nation and forced the cancellation of public hearings, deepening the mistrust and resentment of surrounding residents who feel people [...]
ZIONSVILLE, Ind. (WISH) -- A man who worked as an environmental consultant on a federal Superfund site near Zionsville in the 1980s is offering his services to help with an investigation into toxins in Franklin. [...]
Listen to the Podcast. In 1978, Lois Gibbs was a young mother with a child in a school that was found to be built over a toxic chemical waste dump site. Lois gained international attention and incredible [...]