Local Incentives Push Green Building Development Ahead

Yudelson Associates’ study for the National Association of Industrial and Office Properties NAIOP Research Foundation, just released, shows that nearly a hundred local government green building incentive programs have popped up around the country.

Our new research study, “Green Building Incentives That Work: A Look at How Local Governments Are Incentivizing Green Development,” found that nearly a hundred local and state governments are offering green building incentives to private developers. This study brings together all of those incentives in one place and helps local governments who want to offer green building incentive programs to follow the example of leaders.

We are in momentous times when everyone wants to enact programs that will help their cities and states to reduce their ‘carbon footprint.’ Many studies have shown that green buildings offer the most cost-effective way to carry out these public policy goals. How should these programs be structured? Our study points the way to government actions that work effectively with the private sector to achieve mutually beneficial goals.

Prepared for the NAIOP Research Foundation, this study presents the scope of green building incentives offered across state and local governments in the U.S. as of August 2007 and assesses what optimal mix of financial and procedural incentives may further green building goals, by assisting developers who want to “build green.” The report also contains an extensive appendix of local government programs, policies and incentives, organized by state and city, as well as by type of program. “Green Building Incentives that Work: A Look at How Local Governments are Incentivizing Green Development,” is available by free download from the National Association of Industrial and Office Properties Research Foundation.

Posted by on 12/18/2007 at 12:46 PM