Green Mortgages, though in a nascent stage, aim to help buyers qualify for larger mortgages while reducing the impact of housing on the environment. Will it work?
"First came green homes. Now comes a mortgage to match."
"So-called green mortgages are the latest innovation in the push to promote more energy-efficient houses, whose owners enjoy lower utility costs thanks to solar panels, improved insulation, thermopane windows, and other money-saving products. Also called energy-efficient mortgages, they allow home buyers to qualify for larger loans on the premise that they can afford higher monthly payments due to what they save on heat, water, and other utilities."
"In effect, the mortgages pass energy savings on to homeowners in the form of increased buying power."
"'It's the most efficient way to allow people to capitalize on the value that green homes create,' said Lisa Davis, development project manager for Olmsted Green, an energy efficient, 287-unit residential complex being built in Dorchester, 'and it has the potential to make places more affordable to people over the long term.'"
FULL STORY: 'Green mortgages' taking root
Maui's Vacation Rental Debate Turns Ugly
Verbal attacks, misinformation campaigns and fistfights plague a high-stakes debate to convert thousands of vacation rentals into long-term housing.
Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.
In Urban Planning, AI Prompting Could be the New Design Thinking
Creativity has long been key to great urban design. What if we see AI as our new creative partner?
Portland Raises Parking Fees to Pay for Street Maintenance
The city is struggling to bridge a massive budget gap at the Bureau of Transportation, which largely depleted its reserves during the Civd-19 pandemic.
Spokane Mayor Introduces Housing Reforms Package
Mayor Lisa Brown’s proposals include deferring or waiving some development fees to encourage more affordable housing development.
Houston Mayor Kills Another Bike Lane
The mayor rejected a proposed bike lane in the Montrose district in keeping with his pledge to maintain car lanes.
Urban Design for Planners 1: Software Tools
This six-course series explores essential urban design concepts using open source software and equips planners with the tools they need to participate fully in the urban design process.
Planning for Universal Design
Learn the tools for implementing Universal Design in planning regulations.
Gallatin County Department of Planning & Community Development
Heyer Gruel & Associates PA
JM Goldson LLC
City of Camden Redevelopment Agency
City of Astoria
Transportation Research & Education Center (TREC) at Portland State University
Jefferson Parish Government
Camden Redevelopment Agency
City of Claremont