“…Most studies that have examined the redevelopment of contaminated properties have identified the barriers to redevelopment and how direct financial subsidies and other interventions can improve the attractiveness of investing in such properties (Bartsch, Undated;Bartsch, Collaton, & Pepper, 1996;Coffin & Shepherd, 1998;DeSousa, 2004;Howland, 2003Howland, , 2004Pepper, 1997;Wernstedt, 2001;XL International and International Economic Development Council, 2002;Yount & Meyer, 1999). Sherman (2003) provides the most thorough work on financial subsidies in his simulations of developer investment calculations, including property tax abatements, site assessment grants, development grants, low-interest loans for assessment and remediation, and federal tax incentives that allow remediation costs to be written off for tax purposes as expenses in the year they are incurred (rather than depreciated over a project life).…”