The Inflation Reduction Act of 2022, recently passed by the U.S. Senate, sets aside over $5 billion for low carbon procurement in the built environment.
The policies in the bill aim to drive aggressive emissions reductions by 2030 within the building sector by incentivizing the use of low-carbon, clean materials for public infrastructure projects. Direct investments and tax credits will facilitate deep industrial decarbonization, with the potential to reduce over 200 million metric tons of carbon dioxide emissions annually by 2030.
Provisions in the bill include:
- $250 million for Environmental Product Declarations Assistance to support the development and standardization of EPDs for construction materials with grants and technical assistance to manufacturers.
- $100 million for Low-Embodied Carbon Labeling for Construction Materials to identify and label low-carbon materials and products for federally funded transportation and building projects.
- $2.15 billion for Use of Low-Carbon Buildings to specify and install low-embodied carbon materials and products for use in General Services Administration-owned buildings.
- $2 billion for Low-Carbon Transportation Grants that reimburse and incentivize the use of low-carbon materials and products for Federal Highway Administration projects.
- $4 billion for Improving Climate Resilience of Affordable Housing for funding to improve energy or water efficiency, indoor air quality and/or sustainability of projects, and implement low-carbon technologies, materials, and products to improve climate resiliency in affordable housing.
- FEMA Building Materials Program providing financial assistance for the use of low-carbon materials and incentives that encourage low-carbon and net-zero energy projects.
Related Stories
Codes and Standards | Sep 13, 2023
New rule mandates annual parapet inspections for New York City buildings
In November 2021, New York City enacted Local Law 126 of 2021, which is well-known in the building industry for establishing new requirements for periodic parking garage inspections. At the same time, the legislation added a section to the NYC Administrative Code mandating periodic observation of building parapets. To allow owners time to prepare, the City set the start date for the new parapet observations for January 1, 2024.
Resiliency | Sep 11, 2023
FEMA names first communities for targeted assistance on hazards resilience
FEMA recently unveiled the initial designation of 483 census tracts that will be eligible for increased federal support to boost resilience to natural hazards and extreme weather. The action was the result of bipartisan legislation, the Community Disaster Resilience Zones Act of 2022. The law aims to help localities most at risk from the impacts of climate change to build resilience to natural hazards.
Government Buildings | Aug 7, 2023
Nearly $1 billion earmarked for energy efficiency upgrades to federal buildings
The U.S. General Services Administration (GSA) recently announced plans to use $975 million in Inflation Reduction Act funding for energy efficiency and clean energy upgrades to federal buildings across the country. The investment will impact about 40 million sf, or about 20% of GSA’s federal buildings portfolio.
Sustainability | Jul 27, 2023
USGBC warns against building energy code preemptions, rollbacks
In a recent editorial, the USGBC cited a growing number of U.S. state legislators who are “aiming to roll back building energy code standards and/or preempt local governments from advancing energy-efficient building codes.”
Urban Planning | Jul 24, 2023
New York’s new ‘czar of public space’ ramps up pedestrian and bike-friendly projects
Having made considerable strides to make streets more accessible to pedestrians and bikers in recent years, New York City is continuing to build on that momentum. Ya-Ting Liu, the city’s first public realm officer, is shepherding $375 million in funding earmarked for projects intended to make the city more environmentally friendly and boost quality of life.
Affordable Housing | Jun 27, 2023
Racial bias concerns prompt lawmakers to ask HUD to ban biometric surveillance, including facial recognition
Two members of the U.S. House of Representative have asked the Department of Housing and Urban Development to end the use of biometric technology, including facial recognition, for surveillance purposes in public housing.
Mixed-Use | Jun 6, 2023
Public-private partnerships crucial to central business district revitalization
Central Business Districts are under pressure to keep themselves relevant as they face competition from new, vibrant mixed-use neighborhoods emerging across the world’s largest cities.
Multifamily Housing | Jun 6, 2023
Minnesota expected to adopt building code that would cut energy use by 80%
Minnesota Gov. Tim Walz is expected to soon sign a bill that would change the state’s commercial building code so that new structures would use 80% less energy when compared to a 2004 baseline standard. The legislation aims for full implementation of the new code by 2036.
Codes and Standards | Jun 2, 2023
Supreme Court drastically reduces wetland areas impacted by Clean Water Act
A recent Supreme Court decision that substantially narrowed the Environmental Protection Agency’s authority to regulate millions of acres of wetlands is expected to open more land for development. More than half of the nation’s wetlands could lose protection under the Clean Water Act, according to environmentalists and legal analysts.
Affordable Housing | May 17, 2023
Affordable housing advocates push for community-owned homes over investment properties
Panelists participating in a recent webinar hosted by the Urban Institute discussed various actions that could help alleviate the nation’s affordable housing crisis. Among the possible remedies: inclusionary zoning policies, various reforms to increase local affordable housing stock, and fees on new development to offset the impact on public infrastructure.
