CDFA Home

City of New Bern, NC


Project


Site / Project Name

Gateway Project

Brownfield Site Address

Trent Court Housing Project

Site Owner

Private

Clear Title

Yes

Owner Contaminator

Not Sure

Former Use

Dry cleaner, gas station, auto repair

Land Use

Vacant

Infrastructure

Highway access less than 2 miles away

Assessment Level

Phase 1

Contaminants

TBD

Cleanup Program

No

Remediation

No

Developer

No

Future Use

Mixed Use

Financing Tools: Federal Programs

TBD

Financing Tools: State Programs

TBD

Financing Tools: Funds Committed

TBD

Challenges

Financing; Attracting Developer; Assessment and Cleanup of property

Technical Assistance

Tax Increment Financing; Historic Tax Credits; New Markets Tax Credits; Bonds; EB-5
Disclaimer: This publication was developed under Assistance Agreement No. TR-83576801-0 awarded by the U.S. Environmental Protection Agency. It has not been formally reviewed by EPA. The views expressed in this document are solely those of Council of Development Finance Agencies and EPA does not endorse any products or commercial services mentioned in this publication.