The City Council’s infrastructure task force is exploring how solar power could be deployed more extensively across Gotham’s public and private building stock.
Archive | Tax Incentives
Huntington (LI) LEED Legislation Offers Incentives for Developers to Go Green
Huntington, Long Island has approved a LEED-based financial incentive program to encourage local developers in building green.
Albany Reaches Agreement on Amendments to Brownfield Cleanup Program Act
Proposed amendments to New York State’s Brownfield Cleanup Program Act could significantly increase the amount of available tax credits for Empire State developers.
$105M Solar Loan Program Approved in Garden State
A new program will provide over $100 million towards financing solar power systems across the state of New Jersey.
Green Globes Legislation Grows in Garden State: Will Proposed Tax Credit Act Follow?
New Jersey’s Green Building Tax Credit Act of 2008 could offer up to $200 million in tax credits, but does not provide flexibility for developers to choose which green building rating system to follow in order to qualify.
Pittsburgh Approves Green Density Bonuses, Will Consider LEED Mandate for Public and TIF Projects
Two green building bills in Pittsburgh- one approved and one pending- illustrate green building legislation at its finest and, perhaps, at its worst.
Nevada Assembly Passes Compromise Green Building Tax Bill
Pursuant to Governor Jim Gibbons’ executive order, issued a couple of weeks ago, the Nevada State Assembly unanimously passed AB621 on Saturday. The legislation will halve the financial hit on state coffers from Nevada’s green building property tax abatement program by reducing the maximum abatement to thirty-five percent. The abatement will now only be applicable […]
Nevada Governor Vetoes Bill Suspending Green Property Tax Abatement Program
On Monday, Nevada Governor Jim Gibbons (R) vetoed SB567, which legislators passed earlier this month to suspend the state’s green building property tax abatement program. Gibbons simultaneously issued an executive order directing state lawmakers to create a new program before the end of their session on June 4. Gibbons commented that his veto was grounded […]
Green Building Incentives Just a Mirage? Nevada Suspends Property Tax Abatement Program
I discussed Nevada’s green building property tax abatement in a post last week, but on Wednesday the state Senate suspended the program, citing a $110 million revenue shortfall through fiscal 2009. While only one building (the Patagonia Distribution Center) has received the abatement, sixty-seven Nevada developments, including two billion dollar projects in Las Vegas (the […]
Napa Valley Hotel Demonstrates Dangers to Developers Posed by LEED Creep
By Stephen Del Percio on December 19, 2006 in California, LEED Commentary, LEED Creep, Legislation, Tax Incentives
In the wake of the D.C. Council passing significant LEED legislation last week, there’s been substantial commentary about how positive the bill is for green building at large. While I agree that the legislation is certainly a step in the right direction, a recent post I wrote about the D.C. mandate describes what the BD+C […]
