April 30, 2009
The Portland Bureau of Planning and Sustainability this week awarded a total of $425,000 to three sustainable development projects. The grants come from the Green Investment Fund, a five-year, $2.5 million fund intended to incentivize green building practices in the city.
The Blanchet House of Hospitality, Pearl Family Housing and XVI Vernon Place each received a grant.
The city says the fund aims to spur future investments in sustainable development and engineering, especially for community-based projects.
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Source: Daily Journal of Commerce
Green Investment Fund aims to help three Portland housing projects
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Compact development generates three times less storm water runoff per household than low-density development does. (Heaney, Pitt, & Field, 1999)
