The U.S. Congress recently passed the Budget Act of 2018 that includes provisions to encourage states to adopt the latest building codes and invest in natural disaster mitigation.
The bill’s Federal Cost Share Reform Incentive allows post-disaster federal cost-sharing with states to increase from 75% to as high as 85% on a sliding scale based on factors including the adoption and enforcement of the latest building codes; the adoption of a mitigation plan; and investments in disaster relief, insurance, and emergency management programs. The International Code Council and other code bodies hailed the development.
“This provision is a significant victory for the tax-paying public, as it will help reduce the burden of growing financial losses on the federal government and the states due to the increased frequency of natural disasters,” said Code Council Chief Executive Officer Dominic Sims, CBO.
Related Stories
Green | Apr 8, 2024
LEED v5 released for public comment
The U.S. Green Building Council (USGBC) has opened the first public comment period for the first draft of LEED v5. The new version of the LEED green building rating system will drive deep decarbonization, quality of life improvements, and ecological conservation and restoration, USGBC says.
Codes and Standards | Apr 8, 2024
Boston’s plans to hold back rising seawater stall amid real estate slowdown
Boston has placed significant aspects of its plan to protect the city from rising sea levels on the actions of private developers. Amid a post-Covid commercial development slump, though, efforts to build protective infrastructure have stalled.
Codes and Standards | Apr 4, 2024
How Washington, D.C.'s Zero Waste DC Plan impacts building owners and design professionals
On February 8, 2024, Mayor Muriel Bowser presented the Zero Waste DC Plan to the Council, outlining policies, programs, and initiatives to meet the District’s aim of reducing per capita waste generation by 15% and transitioning from a disposable culture to a circular economy. Of the 43 actions in the plan, a handful are essential for building owners and design professionals to know about now.
Affordable Housing | Apr 1, 2024
Biden Administration considers ways to influence local housing regulations
The Biden Administration is considering how to spur more affordable housing construction with strategies to influence reform of local housing regulations.
Affordable Housing | Apr 1, 2024
Chicago voters nix ‘mansion tax’ to fund efforts to reduce homelessness
Chicago voters in March rejected a proposed “mansion tax” that would have funded efforts to reduce homelessness in the city.
Standards | Apr 1, 2024
New technical bulletin covers window opening control devices
A new technical bulletin clarifies the definition of a window opening control device (WOCD) to promote greater understanding of the role of WOCDs and provide an understanding of a WOCD’s function.
Office Buildings | Mar 21, 2024
Corporate carbon reduction pledges will have big impact on office market
Corporate carbon reduction commitments will have a significant impact on office leasing over the next few years. Businesses that have pledged to reduce their organization’s impact on climate change must ensure their next lease allows them to show material progress on their goals, according to a report by JLL.
Adaptive Reuse | Mar 21, 2024
Massachusetts launches program to spur office-to-residential conversions statewide
Massachusetts Gov. Maura Healey recently launched a program to help cities across the state identify underused office buildings that are best suited for residential conversions.
Legislation | Mar 21, 2024
Bill would mandate solar panels on public buildings in New York City
A recently introduced bill in the New York City Council would mandate solar panel installations on the roofs of all city-owned buildings. The legislation would require 100 MW of solar photovoltaic systems be installed on public buildings by the end of 2025.
Office Buildings | Mar 21, 2024
BOMA updates floor measurement standard for office buildings
The Building Owners and Managers Association (BOMA) International has released its latest floor measurement standard for office buildings, BOMA 2024 for Office Buildings – ANSI/BOMA Z65.1-2024.