Office-to-Residential Conversions: Why So Complex?

As remote work continues to rise, vacant office buildings run the risk of going obsolete. The post-pandemic world has also seen a significant jump in housing prices leading to housing shortage. In this scenario, the question is clear: why not convert the empty office buildings into apartments? While this comes off as a perfect solution, there are multiple factors and several constraints to consider with such conversion projects.

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QAP Recap: Fall 2023

Home Innovation actively advocates for third-party certified, green, affordable housing by providing input for state Qualified Allocation Plan (QAPs). QAPs specify a state agency’s allocation of federal Low-Income Housing Tax Credits (LIHTC). Most QAPs include criteria for energy efficiency and green building, and nearly 30 states specify green building certification as a requirement or point-based incentive. When third-party green certification is included within a QAP, NGBS Green Certification is typically recognized alongside other credible national green building programs. NGBS Green certification is affordable to implement, making it ideally suited for affordable housing.

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Building Resilient Homes: The Ultimate Guides

As National Preparedness Month comes to a close, it’s time to look ahead to how we will build in the future. Resilience has become a top concern with natural disasters becoming increasingly common and increasingly destructive. Communities looking to rebuild are focused now on creating structures that will last. Uncover the most common damages for various weather events and find out the most cost-effective ways to prevent them. 

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Building Resilience: Construction Materials Testing to Prevent Wildfire Devastation

While we expect building codes to become more stringent in their requirements related to fire resilience, builders and homeowners are also becoming more focused on creating homes that will withstand natural disasters. When it comes to fire prevention and resilience, material selection is critical. Fire resistance testing is an essential process used to determine how well a material, structure, or product can withstand exposure to fire and maintain its structural integrity and safety. 

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Water Scarcity Flows into Policy Change

The changing climate is forcing policymakers and the development community throughout Arizona to rethink current patterns of development to ensure that water is available long-term. Building new homes in resource-scarce areas is challenging. Long-term thinking and mindful construction techniques offer an opportunity for residential builders to distinguish themselves as local leaders and best position themselves for continued success. 

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How Can NGBS Green Bolster Your ESG Efforts?

More and more, companies are expected to measure and disclose information related to their ESG—Environmental, Social, and Governance—impacts. ESG metrics can improve a company’s ability to access capital from funders committed to sustainable investing.

Green building certifications are essential to achieving ESG goals in the real estate industry. They ensure that buildings are built or renovated to rigorous standards. By pursuing green building certifications, developers and investors can have confidence that their buildings are performing exceptionally and meeting many of the environmental and social aspects of their corporate goals.

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Changes in the 2023 GRESB Real Estate Reference Guide and NGBS Green +NET ZERO

Each year, the GRESB Foundation makes changes to the annual Real Estate Reference Guide based on priority topics identified and input received from GRESB members. The GRESB portal opens on April 1^st of each year, shortly after the annual reference guide is released. GRESB participants have until July 1^st to submit their ESG data and their responses to the GRESB Reference Guide. Benchmark results and scores are available on October 1^st.

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Quick QAP Recap: Summer 2023

Home Innovation actively advocates for third-party certified, green, affordable housing by providing input for state Qualified Allocation Plan (QAPs). QAPs specify a state agency’s allocation of federal Low-Income Housing Tax Credits (LIHTC). Most QAPs include criteria for energy efficiency and green building, and nearly 30 states specify green building certification as a requirement or point-based incentive. When third-party green certification is included within a QAP, NGBS Green Certification is typically recognized alongside other credible national green building programs. NGBS Green certification is affordable to implement, making it ideally suited for affordable housing.

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HUD Green and Resilient Retrofit Program: Making Affordable Housing More Sustainable

The U.S. Department of Housing and Urban Development (HUD) has launched the Green and Resilient Retrofit Program (GRRP) to help make affordable housing more sustainable. The program provides funding for grants and loans to help owners of multifamily-assisted properties make energy efficiency, water efficiency, and climate resilience improvements to their buildings.

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What Homebuyers Want in 2023

The housing market is constantly evolving, and what homebuyers want is no exception. In recent years, there has been a growing focus on sustainability and environmental impact, and this is reflected in the latest trends in homebuying.

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