S U S TA I N A B L E CITIES Cities at the nexus of sustainable living could see greater growth and long-term property value appreciation in the future. As awareness and concern about climate change grow more widespread, the next generation of affluent buyers will be looking for locations that have taken action to increase clean energy and sustainability.
Anticipated in the years ahead is a rapid investment in the sustainable future of U.S. cities, courtesy of the recently passed and soon-to-be executed Infrastructure Act, which has important sustainability
While over 180 cities and eight states across the U.S. already have goals to power their communities with 100% clean, renewable energy,4 the bill could potentially lead to the expansion of green initiatives into smaller cities, exurbs and rural towns.
See pages 136-137 for a full list of resources
COLDWELL BANKER GLOBAL LUXURY® - THE REPORT 2022
E X PA N S I O N O F GREEN INVESTMENT
and climate provisions. Billions of dollars are to be allocated toward energy efficiency improvements to federal buildings, clean energy upgrades for schools, airport terminal modernization and EV charging stations. In some places, the bill cites the U.S. Green Building Council’s (USGBC) LEED certification as a pathway for demonstrating a new building project’s sustainability.
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