Developers are finding it easier to get funding for sustainable building projects due to federal incentives and investor interest in green certification.
"WHEN CROSLAND WAS designing its ?rst full-scale sustainable community, it wasn't focused on certi? cation.
The developer began the design process by lea?ng through several green building ratings systems-LEED, EarthCraft, Green Globes EnergyStar-and decided to use whichever aspect of each made the most economic sense.
But when it came time to secure ? nancing, the deal's lenders-Bank of America and U.S. Bank-and the equity partner- Northwest Mutual Life-all were excited to be part of a certi?able "green" community.
The ?nanciers encouraged Crosland to apply for the U.S. Green Building Council's LEED certi?cation and even helped the company ?nd consultants to execute the vision. In today's ?nancing world, Crosland wasn't about to say no."
FULL STORY: Bridging the Green Divide
‘Passive House’ Standard Gaining Ground in Multifamily Housing
Developers in Chicago and around the country are taking notice of a design standard that encourages energy efficiency and sustainable materials.
Boston Eliminates Fossil Fuels in New City-Owned Buildings
Mayor Michelle Wu said the new rule will help boost demand for green materials and create new jobs in the green building sector.
Montgomery County To Require Decarbonized New Construction
Under a new bill, most new buildings will be banned from using natural gas in an effort to reduce greenhouse gas emissions and shift to all-electric power.
Analysis: Cybertruck Fatality Rate Far Exceeds That of Ford Pinto
The Tesla Cybertruck was recalled seven times last year.
National Parks Layoffs Will Cause Communities to Lose Billions
Thousands of essential park workers were laid off this week, just before the busy spring break season.
Retro-silient?: America’s First “Eco-burb,” The Woodlands Turns 50
A master-planned community north of Houston offers lessons on green infrastructure and resilient design, but falls short of its founder’s lofty affordability and walkability goals.
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Analysis: Cybertruck Fatality Rate Far Exceeds That of Ford Pinto
The Tesla Cybertruck was recalled seven times last year.
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