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Green Buildings are Subsidizing Conventional Buildings Stymying Climate Progress

Green Building Law Update

Green building bonds, which are higher rated and could provide cheaper capital for green building projects, can correct the current market that prices mortgages, green building or nongreen, the same, stimulating the economy and repairing the planet. Mike Italiano, a founder of the U.S.

Green 293
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Green Globes to be Approved in Maryland

Green Building Law Update

Last week the Maryland Green Building Council voted unanimously to recommend that Green Globes, at the two Green Globes level, be approved by the Maryland Secretaries of Budget and Management and General Services as a “high performance building” as defined in Maryland law. provides “in this section”. (2)

Maryland 189
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Maryland Reverting to Certifiable In Lieu of Certified Green Building

Green Building Law Update

In response to an act of the Maryland legislature in 2018, the state is proposing a watershed revamp of its current mandatory green building requirements for new public school buildings. LEED Silver Certification by Green Business Certification Inc.) LEED Silver Certification by Green Business Certification Inc.)

Maryland 168
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HUD Jumpstarts PACE Financing for Homes

Green Building Law Update

Department of Housing and Urban Development and the Department of Veterans Affairs released new guidance, changing their previous positions, now widely allowing residential Property Assessed Clean Energy (PACE) financing. PACE loans can provide the capital to green the existing building stock.

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Green Globes New Multifamily Rating Systems Respond to the Market

Green Building Law Update

On July 11 the Green Building Initiative launched the Green Globes Multifamily for New Construction and Green Globes Multifamily for Existing Buildings. Much of that market opportunity is driven by Fannie Mae and Freddie Mac green financing programs. The new rating systems are very broad in eligibility (.

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Bechtel gets green light on $12B Texas LNG project

Construction Dive

Phase 1 of NextDecade’s Rio Grande plant in Brownsville includes total financing of $18.4

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Lawyers' Opinions in Green Building Transactions

Green Building Law Update

We are increasingly called upon to give legal opinions that a green building is LEED certified, ‘certifiable’ or otherwise really a green building. One might ask why they need an opinion from a lawyer that their building is green? a mortgage) a green building. ASHRAE 189.1

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