NAR Supports Incentives for Green Buildings
In testimony before a House Transportation and Infrastructure Subcommittee, the NATIONAL ASSOCIATION OF REALTORS® reiterated the significance of its green office building. NAR also reinforced its support for energy-efficiency tax credits, block grants, and weatherization assistance investment.
NAR’s office building on Capitol Hill was the first newly constructed, green-certified building in the District of Columbia, demonstrating NAR’s commitment to environmentally sustainable real estate development.
“NAR has taken a number of important steps to raise public awareness about green buildings and their benefits in the marketplace,” said Jim Helsel, NAR treasurer and a REALTOR® from Pennsylvania specializing in commercial real estate. Helsel served as chairman of NAR’s Real Property Operations Committee in 2002-03 that oversaw creation and development of the REALTOR® building that was certified for Leadership in Energy and Environmental Design, and was awarded the Silver LEED rating by the U.S. Green Building Council in 2004 when the building opened.
He noted examples of NAR “green” support and commitment, including developing a GREEN designation program to offer advanced training and certification for real estate professionals; undertaking of pilot programs to “green” local MLSs; and partnering with federal agencies and other organizations to promote green building.
“REALTORS® ‘LEED’ by example,” Helsel said, using a play on words to emphasize the building’s LEED certification. “NAR cleaned and developed an abandoned, contaminated site as the home of its D.C. headquarters. Fifty percent of the building’s energy comes from renewable resources, and 30 percent less water is used compared to other buildings of similar size.”
‘Green’ in Demand
NAR research shows there is a considerable and growing market for green buildings, and that voluntary incentive-based approaches will do more to spur demand for energy efficiency than government mandates.
“We have seen more and more survey results showing a trend toward increased interest in energy efficient features,” Helsel said. “The green building market is already responding to consumer demand. Builders are providing products that the consumer wants. And this is happening without significant involvement from the public sector.”
NAR believes that as more green buildings are constructed they will demonstrate their financial viability.
“The federal government plays an important role in the green effort, providing public research, as well as capital and economic incentives,” he added. “It is NAR’s belief that the government should continue to have a limited role offering incentives and grants to encourage the movement toward energy efficiency. However, we do believe it is important that the government’s role continue to be incentive-based only versus mandated and overly regulated processes.”
Source: NAR
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Front Gate Properties, LLC Real Estate » NAR Supports Incentives for Green Buildings - July 26th, 2009
[...] “NAR has taken a number of important steps to raise public awareness about green buildings and their benefits in the marketplace,” said Jim Helsel, NAR treasurer and a REALTOR® from Pennsylvania specializing in commercial real estate. Helsel served as chairman of NAR’s Real Property Operations Committee in 2002-03 that oversaw creation and development of the REALTOR® building that was certified for Leadership in Energy and Environmental Design, and was awarded the Silver LEED rating by the U.S. Green Building Council in 2004 when the building opened. Full story. [...]
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