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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. a lien) that is superior to the FHA-insured mortgage for delinquent regularly scheduled PACE special assessment payments.

Finance 120
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Green Buildings are Subsidizing Conventional Buildings Stymying Climate Progress

Green Building Law Update

The financial value of green buildings is well documented, from commanding higher rents, greater occupancy rates, and increased occupant satisfaction, to lower operating costs for everything from reduced insurance premiums and less energy utilized, easily resulting in an increased return on investment of more than 9% over conventional building.

Green 293
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Lawyers' Opinions in Green Building Transactions

Green Building Law Update

The size and nature of a transaction may well affect the scope of the opinion requested and in larger traditional mortgage financing as well as bond financing, lenders attribute increased value in the security being provided for loans when a building is LEED certified or the like. a mortgage) a green building. ASHRAE 189.1

Green 120
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Construction Business Owner Blogs

Construction Business Owner

INSURANCE |. Accounting & Finance. The education sessions covered technology, applications, leadership, sustainability, and management of public works projects. STRATEGY |. MANAGEMENT |. ACCOUNTING |. SOFTWARE |. MARKETING |. EQUIPMENT |. General Management. Software & Technology. Construction Law. People Management.

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The Reasons BIM is Going Nowhere Fast

Building Information Management

Sustainability. Policy makers and members of the building community are encouraged to use a common definition for sustainability. budgets, insurance and tax incentives) to help finance sustainable life-cycle performance for buildings and related infrastructure. Defining High-Performance and Common Metrics.

BIM 81
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New ConsensusDocs Revisions

Construction Dive

The ConsensusDocs Coalition recently announced the first set of new contract documents, part of a major update initiative to reflect ongoing industry trends towards collaboration and new project delivery and financing methods. Read more.

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Construction Business Owner Blogs

Construction Business Owner

INSURANCE |. Accounting & Finance. Some themes of this year’s show can be summed up as follows: focus on sustainability and green practices—or at least an emphasis on how products kind of “leaned into” that category, even if you had to squint to see the connection at times. STRATEGY |. MANAGEMENT |. ACCOUNTING |. SOFTWARE |.