Green Building Law Update

SEPTEMBER 11, 2016

PACE loan programs, where payments for energy efficiency, water conservation and renewable energy improvements to real estate are made through a building owner’s property tax bill are gaining acceptance nationally including being implemented across Maryland. Maryland is typical.

Baltimore 120

Baltimore Maryland Finance Residential 120

Green Building Law Update

JUNE 25, 2017

But today, despite Maryland having enacted a PACE enabling law in 2014, only one PACE loan has closed in the State. I was asked recently to recommend how PACE in Maryland could be improved. What follows is my top 10 list actions to make PACE a success in Maryland. Expressly authorize PACE for new construction (i.e.,

Maryland 136

Maryland Lien Finance Cash Flow 136

Green Building Law Update

JANUARY 24, 2016

Maryland is more typical with a state enabling law passed in 2014, with SB 186 , and local laws on the books in Montgomery County and Anne Arundel County, with at least one lender, Greenworks Lending , on board, but no PACE loans actually made yet.

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Lien Finance Commercial DC 120

Buisness Facilities Contributed Content

APRIL 15, 2014

It allows for the construction of roads, bridges, etc. Industrial Revenue Bonds: May be used as long-term financing of up to 100% of a project for: Acquisition of land, buildings, site preparation and improvements; Construction of buildings; Acquisition and installation of furnishings, fixtures and equipment; Capitalizable soft costs (e.g.,

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Income Finance Zoning Employment 108

Buisness Facilities Contributed Content

MARCH 21, 2014

SALES & USE TAX ABATEMENTS: Taxes on construction-related transactions, pollution control devices are exempt from sales and use taxes. MADE IN ALABAMA” JOB INCENTIVES ACT: Qualifying companies may receive a transferable income tax credit to offset import tariff costs during local construction process.

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Income Finance Zoning Equipment 75