With many cities putting Green building on the back burner, while they try and help solve the distressed homeowner crises (equally important), San Francisco continues their progressive Green thinking. In a few years, when the distressed homeowners crisis hopefully wanes, people will start thinking about how important Green building looms in terms of not just energy and cost savings but the health of people who live their.
San Francisco recently developed an accessible financing program that allows residential and commercial property owners to finance sustainable building improvements. This effort coincides with efforts across California and the United States to establish similar financing programs.
Interested home and business owners to finance can utilize GreenFinanceSF privately owned energy efficiency, renewable energy and water conservation improvements. The repayment obligation is attached to the property, rather than the individual, and is paid back through property taxes over the life of the financing.
All size residential and commercial buildings can use the program. Eligible projects include energy efficiency upgrades—such as adding insulation, replacing windows, and upgrading heating systems; and water efficiency upgrades—such as installing low flow toilets. Financing is also available for installation of renewable energy generation on buildings such as solar arrays – in conjunction with energy efficiency improvements.
Pretty simple, huh? We think so. It should be a win-win for everyone so we’re hoping that everyone will look long term (yes, we know that is hard for most Americans) and utilize this program.
(photo courtesy apartment therapy)