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New York QAP for multifamily housing now awards points for NGBS Green Certification.

08/22/2013 Upper Marlboro, MD

New York QAP for Low-Income Multifamily Housing Awards Points for NGBS Green Certification

The National Green Building Standard™ (ICC 700-2008) was initially approved by the American National Standards Institute (ANSI) as an American National Standard on January 29, 2009. As part of a subsequent updating and maintenance effort for the standard, the 2012 version of the NGBS (ICC 700-2012) was approved by ANSI on January 10, 2013. The NGBS provides criteria for rating the environmental impact of design and construction practices to achieve conformance with specified performance levels for green residential buildings.

Since being approved by ANSI, municipalities and government officials have consistently deemed the NGBS on par or superior to other residential green rating systems. This summer, the state of New York announced a new incentive related to its Qualified Allocation Plan (QAP). The New York QAP for Low Income Housing Tax Credits awards 5 points to new construction or rehab projects that secure third-party certification to the Bronze level of the National Green Building Standard. For more information, see the complete RFP online.

For a complete listing all known incentives available for NGBS-certified projects, visit www.HomeInnovation.com/NGBSGreenIncentives.

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