Santa Monica Offers Incentives for Green Building

The City of Santa Monica Green Building Program has announced a

grant program to encourage green building in the private sector. The City offers a grant for any building certified under the LEED^® Rating System for New Construction—$20,000 for each LEED Certified building, $25,000 for Silver, $30,000 for Gold, and $35,000 for Platinum. The City is also offering Innovative Technology Grants for both energy-efficient systems and stormwater runoff mitigation measures. These grants will cover 50% of each system’s cost, up to $5,000, for all building types. Details are online at greenbuildings.santa-monica.org/mainpages/whatsnew.htm.