Capital Meets Cleanup: New Brownfields Tax Write-Off Can Lift IRR by 4 to 5 Points

In real estate, timing is everything. Congress just opened a lucrative window with H.R. 815, the Brownfields Redevelopment Tax Incentive Reauthorization Act of 2025 letting developers deduct 100% of qualified remediation costs in the year they’re spent, not over ten. That single change can swing a deal from “maybe” to “move.” “This law is a game changer for in-fill development. […]