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"If we spend the $3.2 billion Energy Efficiency and Conservation Block Grant (EECBG)
money on green infrastructure projects, we get 49,486 green jobs. If we leverage
the $3.2 billion using the 14x Stimulus plan, we get 692,800 green jobs."
–Edward Mazria
IN THIS ISSUE:
BREAKING NEWS: 14x Stimulus Plan for State and Local Governments
Take Action to Implement the 14x Stimulus Plan in Your Community
HUD Secretary Calls for Mortgage Incentives on Efficient Homes
State, City, and Industry: April's 2030 Challenge Trifecta
2030 Speaks: Upcoming Appearances with Edward Mazria
Multiply Your Stimulus Dollars:
14x Stimulus
A Plan for State and Local Governments
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The powerful economic benefits of tying energy reduction targets to a mortgage rate buy-down program can now be put to work locally to dramatically multiply federal stimulus dollars, create jobs, save homeowners hundreds each month and breathe new life into the housing market and construction industry.
This opportunity is described in the new 14x Stimulus plan for state and local governments, released today by Architecture 2030 in partnership with ICLEI – Local Governments for Sustainability, RESNET, and Veterans Green Jobs. |
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The 14x Stimulus plan is engineered as a state and local adaptation of Architecture 2030's national Two-Year, Nine-Million-Jobs Investment Plan. It recommends that federal stimulus money allocated to state, county and city governments be used in a public/private partnership to "create a local mortgage buy-down program that offers reduced mortgage interest rates contingent upon renovating or building to meet specific energy targets." Through this program, the Plan demonstrates how each $1 in federal stimulus can be harnessed to generate $14 in private spending and 14 times the number of jobs, with an additional $3 back to reimburse the federal government, and another $1 returning to state and local coffers.
Support for the 14x Stimulus plan is building rapidly among influencial city, state, and federal policymakers. Architecture 2030 will be keeping subscribers up to date on new developments with special E-news bulletins as the news breaks.
Read the 14x Stimulus plan here.
Take Action to Implement the 14x Stimulus Plan in Your Community
First, call your local government officials and ask them to support the 14x Stimulus plan.
Then, send our letter (or your own) to your Governor, state legislators and congressional representatives.
Obama's Top Housing Advisor Rallies Behind
Lower Mortgages for Efficient Homes
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Architecture 2030's call for a mortgage buy-down program tied to energy efficiency has resounded in the White House.
The Los Angeles Times reported last week that US Department of Housing and Urban Development (HUD) secretary, Shaun Donovan is pressing for a comprehensive program to lower mortgage rates on energy efficient homes to incentivize both new home sales and efficiency renovations.
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Architecture 2030 is pioneering this effort with the new 14x Stimulus plan for state and local governments (article above) and the federal Two-Year, Nine-Million-Jobs Investment Plan.
To read the Los Angeles Times article, click here.
State, City, and Industry:
April's 2030 Challenge Trifecta
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STATE: Washington Poised to Make History with 2030 Challenge Legislation
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Washington State is just one step away from being the first state to legislatively adopt the 2030 Challenge into their building code.
The State Legislature last night approved SB 5854, which would require meeting the energy efficiency reductions of the 2030 Challenge for new construction and major renovations throughout the state. The bill now awaits Governor Chris Gregoire's signature.
Read the NW Energy Coalition press release, here.
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CITY: Portland, ME Passes 2030 Challenge Into Law
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On April 6, the Portland, ME city council unanimously passed a green building ordinance requiring that municipally owned new construction and major renovations meet the energy reduction targets of the 2030 Challenge.
Read the press release, here.
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INDUSTRY: HDR Architecture Signs on to the 2030 Challenge
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HDR Architecture, a global architecture and engineering firm with more than 7,700 professionals in more than 165 locations worldwide, announced this week that it has officially adopted the 2030 Challenge.
Read the press release, here.
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2030 Speaks:
Upcoming Appearances with Edward Mazria
Economics: Twelfth Annual Sustainable Building Symposium
May 5, 2009 – Keynote and Reception, Calgary, Canada
May 6, 2009 – Keynote and Reception, Edmonton, Canada
Local Climate Leadership Summit
May 18, 2009 – Plenary, "Multiply Your Stimulus Dollars: 14x Stimulus", Washington, DC
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