Good for Enviros, Chore for Landlords

The newly passed stimulus bill's sustainability elements are blessings for green builders and environmentalists. As far as commercial property owners are concerned, however, those elements may be seen as too much work for little benefit.

"The $819 billion stimulus bill that passed a vote in the House on Jan. 28 would help landlords invest in alternative energy systems for onsite power generation, but the plan's other green components are aimed at homeowners, federal buildings, schools and new product development.

Commercial property owners who want government assistance or at least tax breaks to offset the cost of better insulation, power-saving light fixtures or high-efficiency heating, ventilation and air conditioning can appeal to city and state government programs, which will receive block grants under the stimulus program. The programs funded by those grants will vary by location, [vice president of advocacy at the Building Owners and Managers Association International Karen] Penafiel says.

'With the block grants to the states, there may still be opportunities at the state level to direct some of that money to energy efficiency in buildings,' she says. "There's a lot of discretion for the mayors on how to spend that funding."

Full Story: Stimulus Bill’s Sustainability Elements Disappoint Commercial Landlords

Comments

Prepare for the AICP* Exam

Join the thousands of students who have utilized the Planetizen AICP* Exam Preparation Class to prepare for the American Planning Association's AICP* exam.
Starting at $245
AICP CTP Storefont Display

The first online AICP* CTP exam prep class

Are you ready to take the AICP* Certified Transportation Planner exam?
Priced at $245 for May exam!
Book cover of Insider's Guide to Careers in Urban Planning

So you want to be a planner...

Check out our behind the scenes look at 25 careers in the Urban Planning field
Starting at $14.95
Book cover of Unsprawl

Unsprawl: Remixing Spaces as Places

Explore visionary, controversial and ultimately successful strategies for building people-centered places.
Starting at $12.95