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Breaking News: MS4 uses P3 for TMDL!

December 2, 2014

Just in case you aren’t up on your stormwater finance acronyms, the long version of today’s blog post is A Municipal Separate Stormwater System (MS4) uses a Public Private Partnership (P3) to address a Total Maximum Daily Load (TMDL) Regulation. … Read more

Thanksgiving amidst Affordability Challenges for Environmental Services

November 26, 2014

This week of Thanksgiving, we at the Environmental Finance Center (EFC) are grateful for many things, including work in an interesting field and the opportunity to assist communities with the challenges of sustainable environmental finance. But not all Americans are so fortunate during this holiday time, including when it comes to affording needs such as drinking water, wastewater, electricity, stormwater, and other environmental services.

Encouraging Property Investments with Stormwater Fee Credit Programs

October 29, 2014

Greentown, USA wants to join some of its large older city peers such as Washington and Philadelphia that are rebranding themselves as Green Environmental Cities. Greentown wants to become the greenest small town in the country and would like to encourage property owners across their town to plant more trees, convert their rain shedding roofs into rain absorbing green space, and dig up their pavement and replace it with rain gardens and other stormwater systems that reduce run-off. They have started a media blitz promoting this green transformation, yet progress has been painfully slow. Older shopping centers like Southside Center continue to produce torrents of rainwater runoff laden with oil and trash that pollutes the area’s waterways. Retrofitting existing space is costly and property owners have other competing needs for their scarce renovation dollars, and education alone only goes so far in promoting transformation. The city council is deadlocked between a contingent that wants to enact regulation that requires older properties to “Greenify” and a contingent that thinks the city should just use public grants to incentivize the transformation. Greentown, like many communities across the country, is stuck. What’s the solution?