Which entity defines the term Brownfield in the context of real estate and environmental contamination?

Which entity defines the term Brownfield in the context of real estate and environmental contamination?

• A. Department of Energy
• B. Environmental Protection Agency
• C. Department of Transportation
• D. Federal Reserve

Answer: (B)

The term Brownfield in real estate and environmental contamination is defined by the Environmental Protection Agency. Brownfields are properties where redevelopment may be complicated by the presence or potential presence of hazardous substances, pollutants, or contaminants. The EPA maintains the official definition and administers the Brownfields program, which provides guidance, site assessments, cleanup incentives, and redevelopment opportunities. Other agencies like the Department of Energy, the Department of Transportation, or the Federal Reserve do not set this definition; they may deal with related issues in their areas, but the formal definition related to environmental contamination and redevelopment comes from the EPA.

The term Brownfield in real estate and environmental contamination is defined by the Environmental Protection Agency. Brownfields are properties where redevelopment may be complicated by the presence or potential presence of hazardous substances, pollutants, or contaminants. The EPA maintains the official definition and administers the Brownfields program, which provides guidance, site assessments, cleanup incentives, and redevelopment opportunities. Other agencies like the Department of Energy, the Department of Transportation, or the Federal Reserve do not set this definition; they may deal with related issues in their areas, but the formal definition related to environmental contamination and redevelopment comes from the EPA.