The city of Houston is offering commercial building owners up to $200,000 in incentives to improve energy efficiency, putting a special emphasis on retrofitting older and smaller buildings. The city will pay to offset 20 percent of the labor and material costs of projects that improve a building’s efficiency by at least 15 percent, said [...]
As we mentioned in an April blog post here, VP Biden is a big believer in retrofits. On Tuesday, Biden and HUD announced a new pilot program that will offer credit-worthy borrowers low-cost loans to make energy-saving improvements to their homes. Backed by the Federal Housing Administration (FHA), these new FHA PowerSaver loans will offer [...]
We told you this was coming, H-towners. The city of Houston announced a new initiative called the Green Office Challenge with the goal of getting property owners and managers across the city to reduce their energy consumption, water use and waste, as well as encourage more office tenants to do things like recycle, car pool [...]
In a recent Texas Tribune article, Chris Winland of Good Company Associates is quoted as saying that four Texas cities are “most aggressively” pursuing PACE financing deals. Those four are San Antonio, Austin, Houston and El Paso. The CenTex cities of Austin and San Antonio were widely regarded as the most likely candidates as Austin [...]
We’ve talked about PACE financing quite a bit around here over the course of the last several months. Initially, we just explained what it actually is back in February, (What is PACE financing?). And there is this YouTube video which does some explaining in PACE 101. We also touched on the new Florida law that [...]
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